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And here goes the backfiring…

Forex News

USD/CHF is up nicely from 1.0310, and both Cable and Euro are easing off the price liquidation seen earlier on. Best performer, and the one I’d choose to go for contras now is the Swissy, but take a look at Cable’s 30m confirmed MACD divergence, that may give some extra pips as well. 1.9730 break leads the way for 1.9700 again.