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Since the Swissie has passed through the 0.9725 level, the pair may decline. The pair could enter a consolidation phase but now it is trying to test the nearest liquidity pool at the 0.9685-0.9675 levels. As long as USD/CHF does not retrace to 0.9797, it will continue to drop.
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The material has been provided by InstaForex Company - www.instaforex.com