The (USDCHF) price settled higher in its last intraday trading, due to its leaning on the main bullish trend line on the short-term basis, accompanied by the emergence of the positive signals on the relative strength indicators, after reaching oversold levels and reaching our last suggested target at 0.8000 support, which increased the bullish momentum, due to the stability of this support, on the other hand, the pair remains under negative pressure due to its trading below EMA50, which reduces the chances of sustainable recovery on the near-term basis.

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