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USD/CHF’s consolidation from 0.9954 is still in progress and intraday bias remains neutral.

Deeper
pull back could be seen to 4 hour 55 EMA (now at 0.9866). But downside should be contained by
38.2% retracement of 0.9541 to 0.9954 at 0.9796 to bring rise resumption. On the upside, break of
0.9954 will target 1.0067 resistance next.

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