- USD/CHF is trading in a tight trading range between 0.9900 and 0.9950 for the third day in a row as traders are awaiting the FOMC minutes at 18:00 GMT.
- USD/CHF is in breakout mode and the news should provide some clues as to what is going to be next directional move.
- USD/CHF might have a slight bullish bias as it is trading near a bullish trendline on the daily time-frames suggesting the pair can see some fresh demand.
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Spot rate: 0.9928
Relative change: 0.02%
High: 0.9941
Low: 0.9909
Trend: Neutral to bullish above 0.9900
Resistance 1: 0.9950-0.9961 figure and June 21 open
Resistance 2: 0.9989-1.0000 area June 15 high and parity
Resistance 3: 1.0026 May 11 open
Resistance 4: 1.0056 current 2018 high
Support 1: 0.9910 current Thursday’s low
Support 3: 0.9856 June 25 low
Support 4: 0.9788 June 7 swing low
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