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Forex

USD/CHF Takes Aim at Yearly Highs as Bulls Prepare for Next Move

Guavy AI Editorial Team
Instruments
CHF
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USD/CHF has been on an impressive run, rallying nearly 2.8% from its August low and pushing towards yearly highs.

The pair is approaching a major resistance confluence near 8200-15, where bulls will need to deliver follow-through to extend the advance.

A sustained breach above this level would strengthen the case for another major leg higher, while failure to clear resistance could leave USD/CHF vulnerable to another pullback.

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