Downside Prevails
Our Pivot: 0.9257
Our Preference: Start short selling USDCHF below 0.9235 with strict stop loss of 0.9257 and profit target at 0.9210 with extension towards 0.9190.
Alternate Scenario: Upward penetration of 0.9257 will call for 0.9280.
NOTE: USDCHF is moving inside a bearish price channel.
Chart with supports & resistances:
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