The breakout began yesterday after the pair pushed through resistance near 0.80628, and then cleared the 38.2% retracement level at 0.8102. That move triggered additional buying, driving the price toward the upper swing target. However, in the early hours today, the market began to pull back, as buyers took profit and momentum shifted to the downside on expectations of a corrective move.
On the topside, getting above 0.8155 would have traders targeting the 50% midpoint at 0.81732.
This article was written by Greg Michalowski at investinglive.com.Hence then, the article about usdchf breaks key levels buyers control as support holds at 0 8102 was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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