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After breaking the parity, the USD/CHF broke and the key support level at 0.99. Now bears are eyeing 0.9950 – 0.9930 area.
USD/CHF is extending losses and is about to cross 0.99 to below. The first support is seen at 0.9890 ahead of 0.9840.
USD/CHF dropped today with around 40 pip and crossed to below the 0.99 handle. The pair found support at the weekly low and it seems that the bulls will try to retake this level.