USD/CHF's rise extended last week and the break of 0.9971 resistance confirmed larger up trend resumption. Initial bias remains on the upside this week for 61.8% projection of 0.8855 to 0.9688 from 0.9553 at 1.0068 next. On the downside, below 0.9919 minor support will turn bias neutral and bring consolidations first before staging another rise.
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