USDCHF has been rising sharply in the last few trading sessions after the price reversed up beautifully from the multi-year support level 0.9200 (which stopped the daily downtrend at the start of 2018).
The price recently broke above the resistance level 0.9540 (monthly low from September of 2018) – which accelerated the active upward correction.
USDCHF is likely to rise further toward the next resistance level 0.9700 (former powerful support from the middle of 2019).
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