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09.04.202004:04 Forex Analysis & Reviews: USD/CHF price movement for April 09, 2020

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 09.04.2020 analysis

Since the Swissie has passed through the 0.9725 level, the pair may decline. The pair could enter a consolidation phase but now it is trying to test the nearest liquidity pool at the 0.9685-0.9675 levels. As long as USD/CHF does not retrace to 0.9797, it will continue to drop.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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