USDCHF Potential Downsides

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Hey Traders, USDCHF is trading in a down trend and now seems to be in a correction phase in which extending pullbacks are approaching the major trend around 0.921 resistance zone. if the rejection is confirmed i would set 0.905 as a target as it's considered the next major support zone USDCHF will be facing. Fundamentally CHF is expected to be outperforming as it's considered a safe haven in current environment of uncertainty along with the Japanese Yen and the last dovish FOMC have triggered USD weakness and signaled less restrictive upcoming meeting.
trade safe, Joe.

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