Technical Outlook: USD/CHF has continued to trade within the confines of the initial August opening range. Key confluence support rests at 9890-9902 where the monthly open converges on the 61.8% retracement of the June advance, the 100 day moving average and basic trendline support. Daily resistance stands at 9991- a breach above this region would be needed to validate a near-term breakout targeting key resistance at 1.0058/71 (breach / close above to mark resumption).


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