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USDCHF has turned sharply higher last week, clearly with impulsive price action away from 100% Fibonacci level of wave A) compared to wave C). We have seen a very strong turn back above black wave 4 swing that puts a low in place so we need to be aware of even more upside in days ahead, back to 0.9790 with minimum three waves.

USDCHF, 4H

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