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- Bloomberg
Pair's Outlook
Last week's USD/CHF pair appreciation was stopped by 0.9288/92 support level and currently price shows a depreciation impetus and retreats back, probably to test the previous bottom. As the price has not reached an important historical support level at 0.9200 and RSI value is still higher than 30, there is a very high probability to see a price decrease.
Traders' Sentiment
SWFX market participants keep bullish sentiments in USD/CHF pair, as 71% traders have a long position and 29% a short. Placed orders figures are very similar, as 69% orders are for a long position and 31% for a short.
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