USD/CHF carries the bounce off 100-day SMA, probes 23.6% Fibonacci retracement.
An ascending trend line from late-March offers strong downside support.
Normal RSI conditions add strength to the buying strength.
USD/CHF prints 0.10% gains on a day while taking the bids near 0.9732 during the early Thursday. The pair registers second day in the green zone following its U-turn from 100-day SMA on Wednesday.
In addition to the pair’s sustained trading beyond the key SMA, normal RSI conditions also increases the odds for the further upside


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