Support & Resistance

FOREX QUICK: USDCHF trends higher but consolidates between target levels

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The USDCHF is up sharply today, and has broken through some technical targets in the process. However, there is one target off the daily chart, that has attracted sellers and has slowed the rise – at least for now. The buyers are still holding the support below, but the battle is on. What levels are in play? What do you need to look to for support below and resistance above? Watch and learn.