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On the 4-hour chart, we can see the divergence between the Stochastic Oscillator (5,3,3). GBP/CHF may test the 1.1837 level as its first target and 1.1954 as its the second target. This scenario is likely to occur If this pair does not sink and close bellow the 1.1744 level.
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The material has been provided by InstaForex Company - www.instaforex.com