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The USD/CHF price experienced a bearish rebound after testing 0.8543 yesterday, reinforcing the continuation of the anticipated bearish trend in the short term. The focus is now on a potential decline towards the next key levels at 0.8430 and subsequently 0.8332.
Maintaining the price below 0.8543 is crucial for the persistence of this bearish trend. A break above this level could initiate a bullish wave, with initial targets set around 0.8673.
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The expected trading range for today is between 0.8410 support and 0.8545 resistance.
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Trend Forecast: Bearish
