USDCHF Expected to find there Support

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USD/CHF is currently losing momentum in the background as the U.S. dollar weakens. The pair is testing the support zone within its consolidation range. Although the overall structure is ranging, a local descending channel is forming, indicating a potential short-term bearish bias.

Short-Term Outlook:

The price is expected to find support within the channel, possibly leading to a short-term bounce or consolidation near key levels. A break below the current support could accelerate bearish momentum.

Key Support Levels:
1sT Support 0.82007
2nd Support 0.81500

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Feragatname

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