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The USD/CHF is showing potential for a bearish move toward the 0.89740 level. This could be influenced by factors such as a strengthening Swiss franc driven by risk-off sentiment or dovish signals from the Federal Reserve impacting the U.S. dollar.
Technical indicators, such as a break below recent support levels or bearish candlestick patterns, may also confirm the selling momentum. Traders should monitor key economic data releases, geopolitical developments, and central bank commentary to validate this potential setup while managing risk effectively.
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