USD/CHF on daily chart points to pressure of demand, once again pushing pair towards a well-respected resistance at 0.9770. This is a level based on the last three highs. Yesterday’s fundamental data strengthened the US currency and it seems that this strength will be visible for some time. The price has been rising sharply since September 11th, the high has been broken recently on September 14th and now it’s breaking above yesterday’s high. It seems that the way to the resistance zone of about 50 pips away is open.
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