The USD/CHF exchange rate has experienced a strong increase during recent trading sessions. Prices have broken through the upper boundary levels of the rectangle pattern and closed above it. Currently, if the price remains above these levels around 0.9015 and holds steady, there will be a strong buying opportunity with targets reaching 0.9065 as the initial goal. However, if the price falls below these levels, the likelihood of a decline and selling increases.
Technical analysis of USD/CHF
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