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USDCHF






8/6/2020 3:08:15 AM

USDCHF - Technical Analysis: Thursday, 06/08/2020 07:08 GMT



The USDCHF pair moves inside descending channel reinforces the chances of continuing the bearish trend, and after the recent bullish correction, the price heads to resume the main bearish trend.

The exponential moving averages 50 and 100 continue to form negative pressure to support the continuation of the decline and achieve the negative targets.


Target
Risk


Support
Resistance


Trend Bearish

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