USDCHF – Key Support Resistance Level Update

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Chart 1:  240 Minute  |   Chart 2:  Daily    

***Monitor Price Action Closely as price approaches a Key Support /Resistance Level for clues to whether the Key Level is likely to Hold or Break.  A strong Momentum Breakout that closes outside the Level will signify a high likelihood of a continuation in the direction of the Breakout…..while a Strong Price Rejection around the Key Level will provide confirmation on the strength of the Key Level, and the higher likelihood of it holding.

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