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USDCHF 3.3.2025
General Trend:
The current trend is sideways to bearish, as the price is struggling to break through a strong resistance, indicating continued selling pressure.
Expected Scenarios:
Bullish Scenario:
If the price manages to break above 0.9032, it could test 0.9049.
A breakout above 0.9049 may confirm further bullish movement towards 0.9100.
Bearish Scenario:
Failure to break 0.9032 could lead to a decline towards 0.8932.
A break below 0.8932 could push the price further down to 0.8913.
Key Levels:
Resistances: 0.9032 - 0.9049 - 0.9100
Supports: 0.8932 - 0.8913 - 0.8850
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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