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The USD/CHF currency pair has risen to test the 0.8670 level. A successful breach of this resistance could confirm an extension of the bullish trend, with potential gains extending to 0.8780.
However, current technical indicators are showing negative signals that might impede further upward movement. Should the price fail to surpass the 0.8670 level, the bullish trend may be halted, leading to a potential decline.
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Today’s anticipated trading range is between the support level of 0.8600 and the resistance level of 0.8730.
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Trend Forecast: Bullish
