USD/CHF declines below 0.8050 amid Fed rate cut expectations
Sentiment is: Negative
Technical Analysis
USD/CHF has moved through the resistance line of a Falling Wedge pattern at 0.8032084615384616 on the 4 hour chart. This line has been tested multiple times in the past, and this breakout could signal an upcoming change in the current trend. Price may continue in the current direction toward 0.8061.
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