The USDCHF still trapped in range area of (0.89701– 0.86627). A break in either direction will determine the trading bias in today`s session. Break below (0.86627) could trigger further bearish pressure targeting (0.86239), while break above (0.89701) could trigger further bullish advances testing (0.90687).

We need to keep a closer look on how prices would behave on today`s trading session.

Chart

Important Price Levels
0.87939 0.87401 0.86762 0.86239 0.85673

Source http://www.fxstreet.com/technical/analysis-reports/technical-outlook-for-majors/2011-11-04.v04.html



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