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USD/CHF closed higher on Friday and The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are bullish signalling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing are needed to confirm that a short-term bottom has been posted. If it renews this year's decline into uncharted territory, downside targets will be hard to project.