The (USDCHF) price settled with strong gains in its last intraday trading, after reaching our expected target at 0.7835, which make the pair gains bullish momentum that helped it to achieve these gain, in an attempt to correct the main bearish trend on the short-term basis and recover some of its previous losses, amid the continuation of the negative pressure that comes from its trading below EMA50, besides the emergence of negative overlapping signals on the relative strength indicators, after reaching overbought levels, exaggeratedly compared to the price movement, which suggest forming negative divergence.
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