USD/CHF closed lower on Friday as it consolidates some of this month's rally. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI remain neutral to bullish signalling that sideways to higher prices are possible near-term. If it extends this month's rally, weekly resistence crossing is the next upside target. Closes below the 20-day moving average crossing would temper the near-term bullish outlook.
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