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USD/CHF takes out 200 DMA, close will be key

  • USD/CHF clears 200 DMA which has propped market since the middle of Feb

  • Offer at the 10 DMA after long stopped at 0.9480

  • 0.9540 is double day low from Feb 26, 27. 0.9393 Feb 23 base

  • Prices unable to close below 0.9500 on a daily basis since late Mar 

  • Decent spike below there to 0.9456 last and could see it today

  • Market Data
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