USDCHF - 240 - Could it break and move higher?

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Trade Alert

USD/CHF continues to grind higher, but currently it is meeting strong resistance near the 0.9955 barrier. The pair is still trading above its short-term tentative upside support line taken from the low of the 21st of September. As long as that upside line remains intact and USD/CHF jumps above the 0.9955 zone, we will remain positive over the near-term outlook.

Always have your SL in place.

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