USD/CHF

Quoting Luxyus

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{quote} And the whales have come hungry, eating everything they have meet on their path before diving again in the deepness. Next week i expect an intra-multiday pullback, switched exposure slighlty on long side for 40-50 pips {image} {image}

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Quoting Luxyus

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Trying to catch the low for a reversal is a very dangerous choice, still too much buyers for a decent retrace. Smelling crash of more 200/250pips. the only opportunity for a rise could come at the end of fiscal year, sept/oct. placed buy limits @ 0.777 and happy holidays.

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Quoting Jeks

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Hello everyone! The USD/CHF pair is currently trending downwards. However, according to my calculations, the 0.7854 level could prove to be quite strong support for a pullback or correction upwards, with the 0.7920 resistance level potentially targeting it. {image}

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Quoting jmmn

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{quote} You were completely right !!! It just happened. Can Switzerland support so much strenght for its currency? Current levels versus euro and usd can hurt the country so strongly. What's next, Jeks?

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Quoting Jeks

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{quote} Does Switzerland want to change the current situation? I don't see it.

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Quoting Jeks

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According to my calculations, the USDCHF pair could reach 0.7956. I'll watch the price reaction to that level to decide whether to sell or continue buying. {image}

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Quoting jmmn

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{quote} What is next in your opinion...? I believe that usdchf will continue to go up.

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Quoting Jeks

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Hello everyone! The USD/CHF price, despite its downward pullback, failed to break the support level at 0.7916, instead making a false breakout and bouncing upward. I'm considering buying from this level, with the primary target being the resistance level at 0.7956. If the price breaks upwards and consolidates above this level, the secondary target could be the resistance level at 0.7997. {image}

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