- The Swiss Fracnc is extending losses, taking the USD/CHF pair higher
- The pair is currently trading at 0.9495, just below the 0.95 handle
- Daily price action is back inside the cloud and slow stochs are flat ahead of overbought levels
- 200 DMA by 0.9520 is seen as strong resistance, breaks above could take the pair to 0.9543 (May 27 high)
R1: 0.9504 (30 DMA Upper Bollinger)
R2: 0.9516 (Daily High Jul 7)
R3: 0.9528 (200 DMA)
Support levels:
S1: 0.9415 (200 HMA)
S2: 0.9400 (Daily Low Jul 3)
S3: 0.9359 (Daily Cloud Base)


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