The USDCHF had a significant movement yesterday, broke and closed above 0.9320 resistance area. This fact leads price to a new bullish phase after consolidation testing 0.9400 0.9450 area. Immediate support is seen around 0.9300 0.9320. A clear break back below that area would lead price to neutral zone in nearest term as direction would become unclear.
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Technical analysis for precious metals with major support and resistance levels and recommendations for 18-08-2009