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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

USDCHF 29.8.2023

Technical Analysis
Tuesday, August 29, 2023 - 15:10
Point Trader Group
USDCHF 29.8.2023

General trend: downward.
Expected scenario:
The pair is trading below 0.8850, which enhances chances of a drop to 0.8750 – 0.8700.
Alternative scenario:
The scenario turns bullish, after breaking 0.8880, targeting 0.8930.
The most important levels
resistance:
0.8850 – 0.8930
support:
0.8750 – 0.8700

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.

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