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- Moody's Analytics Inc. (based on Bloomberg)
Pair's Outlook
USD/CHF carries on demonstrating strong bearish sentiments, as the Swiss Franc sharply gains additional value against the greenback. The spot price has just reached an intersection point of the lower line of the Bollinger band and the monthly S3. The pair's movement remains bounded by the channel, the lower boundary of which is at a 90.22 level.
Traders' Sentiment
SWFX market players have entered more bearish positions than bearish, since the bullish side has 44% of positions and the bearish side has 56%. Pending orders segment is gently bullish, with 56% of waiting orders being buy and 44% of them being sell.
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