USD/CHF sellers attack 0.9100 round-figures ahead of Tuesday’s European session. In doing so, the pair fades bounces off a one-month-long horizontal support zone while staying below the key Fibonacci retracement level.
Also favoring the bears is the sustained trading below 200-bar SMA and keeping the downside break of an upward sloping trend line since the September-start.
However, RSI conditions challenge the USD/CHF sellers, which in turn require them to break the 0.9090/85 support area before targeting the mid-September lows near 0.9050.


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