USDCHF eyeing to break 200DMA (USD dance following DXY reversal)

A steep reversal after a fake out at 0.88 level and since then USDCHF took off aggressively, Currently we saw a decent correction toward fibs golden ratio. 200DMA is the only resistance that hold the upside move. I will look to go long when bulls manage to close above the 200DMA.

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the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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