USDCHF continues its range trading between 1.1449 and 1.1730. As long as 1.1449 support holds, another rise to 1.1900 is still possible. However, a breakdown below 1.1449 support will indicate that the upward movement from 1.0501 (Apr 14 low) has completed at 1.1730 already, then deeper decline could be seen to 1.1300 area.

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