USDCHF currency pair on the hourly chart moves in 50-pip consolidation from the 10th of June. Currently, he reached its upper limit and if continue to have it be, should rebound and fall to the bottom band.
If there has been a upward breakout, only closing over the top of the 13th June at the level of 0.9677 will invalidate this view on this pair. It should also bear in mind today’s FOMC meeting, the results of which will be announced in the evening.
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