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USD/CHF Intraday: the bias remains bullish.

orbex16032016 2

Pivot: 0.9845

Our preference: long positions above 0.9845 with targets @ 0.9895 & 0.9940 in extension.

Alternative scenario: below 0.9845 look for further downside with 0.9800 & 0.9750 as targets.

Comment: a support base at 0.9845 has formed and has allowed for a temporary stabilisation.

Chart Caption
    Green Lines Represent Resistances
    Red Lines Represent Support Levels
    Light Blue is a Pivot Point
    Black represents the price when the report was produced

Source: www.orbex.com

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