Categories Finance

USDCHF stays between key support and key resistance targets

The USDCHF continues to find sellers near familiar technical levels, with the 38.2% retracement of the March–April decline at 0.8482 acting as firm resistance earlier this week. The inability to push above that level has resulted in a retracement lower as sellers remain in control. The swing area…

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Categories Finance

US April industrial production 0.0% vs +0.2% expected

Prior was -0.3% Manufacturing output -0.4% vs -0.2% prior Prior output +0.3% (revised to +0.4%) There is some major uncertainty on the industrial side of the economy right now. I’m not sure this offers any clarity. This article was written by Adam Button at www.forexlive.com.

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