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USD/CHF

H1 Time Frame When it manages to break through the range of 0.8960, the fall will continue. In the range of 0.8985, there is a trade that needs to be broken through for the rate to continue to fall. It turns out that there is a trade in the range of 0.8985, and from there, the fall will continue. If we manage to break through it and establish ourselves higher, then this will be a signal to buy, but for now, this is in the background. The trade at 0.8950 has not yet been broken, and after the breakout, it means that we still have support there. The upward impulse has been made, and after it, the fall may continue. We have made an upward impulse, and now we can test the range of 0.9017 and even fall lower. After such a breakdown, the fall may continue. If we manage to get a small correction to the range of 0.8990, where the trade is located, and from it, the fall will continue further. If we get a breakdown of the 0.8960 range and consolidate below it, then this will be a signal to sell. However, my current position clearly prioritizes the northern trajectory towards the significant resistance level at 0.9095. While a potential correction to the nearest fragile support level cannot be ruled out, subsequent momentum is expected to be upward. If bearish activity intensifies today, it could lead to a fluctuating market situation. However, the underlying trajectory remains focused on reaching the key resistance level, with the setup poised to overcome any challenges in between.

USD/CHF

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