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USD/CHF failed to settle above 0.9190… again

FXStreet (Moscow) - USD/CHF made another attempt to settle above 0.9190 in the European morning, failed, and shuffled below 0.9180.

Following the scenario

The pair retreated from 10-month high at 0.9211 posted this Tuesday, and currently stuck around 0.9180 area. Today the pair may choose the further direction. It may depend on two factors – ECB meeting outcome, and US data releases. The former is potentially CHF-bearish, and the latter may support the demand on the USD in case of stronger than expected readings. If both factors come into play, we may see another attack on the mentioned highs.

What are today’s key USD/CHF levels?

Today's central pivot point can be found at 0.9184 with support below at 0.9167, 0.9156 and 0.9139, with resistance above at 0.9195, 0.9212, and 0.9223. Hourly Moving Averages are mixed, with the 200SMA at 0.9070 and the daily 20EMA bullish at 0.9128. Hourly RSI is bullish at 52.

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