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The EUR/CHF pair recently experienced a corrective bullish rally after failing to break the resistance at 0.9325, achieving gains and reaching the solid barrier at 0.9500.
Despite this rally, the prevailing stability within the bearish channel and the negative momentum indicated by major indicators suggest that the price will likely consolidate below the current barrier. This could activate a bearish trend, targeting the levels of 0.9455 and 0.9420.
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The expected trading range for today is between 0.9455 support and 0.9510 resistance.
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Trend Forecast: Bearish
