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December 8, 2024

USD/CHF Weekly Outlook: Trend Dynamics Under Scrutiny

The USD/CHF currency pair has seen a pullback from a high of 0.8956, extending lower over the past week before recovering near the 55-day EMA currently at 0.8738. This week, the initial bias leans towards a neutral stance.

Traders should monitor this pair closely as market dynamics may shift quickly.

In conclusion, the USD/CHF pair presents an intriguing case for traders to navigate these shifting trends.

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