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LONG USD/CHF
Ahead of the Swiss Interest Rate decision later on this morning, the Swiss Franc is looking set for more weakness. Aggressive traders can buy from the current levels but if you are a slightly more passive, wait for a clear bullish confirmation above 0.9660.
ENTRY: 0.9660 (current price level for aggressive traders)
STOP LOSS: 0.9630
TARGET PRICE: 0.9695
Timeframe: Hourly
Musa Makoni | Trading Specialist at GT247.com
Disclaimer: Any opinions, news, research, analyses, prices, or other information contained within this research is provided as general market commentary, and does not constitute investment advice. GT247.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. The content contained within is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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