In the morning of the Thursday session it is worth to look at a pair of USD/CHF. The daily chart shows that the level of the previous low has just been violated. The whole layout, that is the breaking of support, correction and rebounding down, looks like a typical re-test of the previously broken zone. Going lower, regardless of whether this will happen today, will confirm the prevailing downward trend. On weekly chart you can see perfectly where we are. Further declines should mean that the course will go to the area of at least 0.91.

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