Currently, USD/CHF is trading at 0.9647. The pair started a new down trend after breaking its support level at 0.9704. The price was trading in ascending triangle wedges before breaking its support level, and it has already hit the first target at 0.9637. If it crosses the first target then it may hit second target at 0.9596.

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Rishikesh Lilawat
FibonacciSupport and ResistanceTrend Analysis

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