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USDCHF’s fall from 0.9769 extends to as low as 0.9540. Deeper decline to test 0.9500 support would likely be seen later today, as long as this level holds, the fall is treated as consolidation of the uptrend from 0.9043, and one more rise towards 1.0000 is still possible after consolidation. However, a breakdown below 0.9500 will indicate that the uptrend from 0.9043 has completed at 0.99759 already, then the following downward movement could bring price back to 0.9200 zone.
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