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USDCHF forecast

Traders continue to monitor the US Federal Reserve and the National Bank of Switzerland’s decisions on their monetary policies, which could create some volatility. If the pair remains below the 0.9000 resistance, it may decline to 0.8697, the lowest since March 2014. However, failure to stabilize below this level, we could see the pair targeting 0.9086, the December high. Breaching this level could a rally to the high for September 2020 at 0.9295.

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