The (USDCHF) price settled high in its last intraday trading, after its success in recovering some of its previous losses, and it attempts to offload some of its clear oversold conditions on the (RSI), especially with the emergence of positive overlapping signals from there, amid its affection by breaking a main bullish trend line on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, intensifying the negative pressure on its move on the near-term basis.
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