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EUR/CHF maintains 1.23 support

FXstreet.com (Chicago) – EUR/CHF continues advancing, currently above the 1.23 handle, with buyers still respecting an ascending trendline coming from early April.

Capped at 1.2331, the pair accumulates 0.09% losses so far trading at 1.2328 between supports at 1.2321 (August 22nd lows), 1.2300 (August 8th highs) ahead of 1.2284 (August 19th lows) and resistances at 1.2346 (August 4th highs), 1.2362 (August 22nd highs) followed by 1.2380 (August 17th highs). According to the FXstreet.com trend index, the pair is reported as slightly bullish on one-hour timeframe analysis.

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