Category: 200D
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The USDCHF is lower keeping the seller in control. The 200D MA is a key downside target.
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USD/CHF rebounded earlier this week in the process extending above the 38.2% retracement of the downward move from the May high to the June low. The level came at 0.8986. However, the momentum could not be maintained as the price began to rotate towards the downside supported by the weaker…