Since Monday USDCHF has retraced back to current level 0.9950, sitting just above dynamic line, that was made through 09-25 Sep highs. Its current value 0.9940 works as pivotal to USDCHF. Above 0.9950 I expect further USDCHF growth targeting 1.0100. 4-hour close below blue line indicates retest of 0.9770 area.
Comment
Ahead of European session USDCHF is effectively unchanged, forecast remains actual.
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