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    USD/CHF: technical analysis on 22.02.2016

    On the daily chart, the pair is trading underneath the middle MA of Bollinger Bands and is testing its ascending trendline from below. The price remains between the EMA130 and EMA65, both horizontal. The RSI is about to test its longer MA. The Composite is testing its end of January resistance. The indicator has formed a divergence with the RSI suggesting a fall in the price.


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