In this video update, we take a look at the USDCHF as it enters the key supply zone around 1.0050.
Price is consolidating here on the 1hr chart and if we see a break lower and a close below 1.0030
sellers look likely to re-enter the market. NFP data Friday could reveal softer job numbers which
will likely push the USD lower in line with the current dovish Fed members.
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