USDCHF aiming at 0.9000 long-term.

Another fractal from the past on this 1W chart for USDCHF. The price is currently testing the 1W MA50 (blue trend-line) as Support after a consolidation period of around 6 months. In May 2019, when this Channel broke to the downside, the pair targeted the 0.786 Fibonacci retracement level. This is currently at 0.90230.



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