USD/CHF: The rally has finally stalled out for now ahead of 1.0900, with the market in the process of consolidating. The risks from here are for some additional sideways trade to allow for studies to unwind from overbought, ahead of the next major upside extension beyond 1.0900.
Joel Kruger
Technical Currency Strategist
DailyFX Research Team
www.dailyfx.com
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