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Forex: USD/CHF retests weekly lows

FXstreet.com (Córdoba) - USD/CHF printed yet another daily low during the American afternoon, as the US dollar continues to be sold across the board.

USD/CHF extended its decline to a fresh 2-day low of 0.9336, roughly at the same level it bottomed out on May 6, and continues to trade slightly above that point, recording a % loss on the day.

In terms of technical levels, below 0.9336, next supports for the cross are seen at 0.9300 (psychological level) and 0.9265 (low May 2), while resistances might be faced at 0.9410 (daily high) followed by 0.9435 (high May 7).

Forex: NZD/USD clinging to 0.8400

The kiwi dollar is intensifying its weekly descent vs. the buck on Wednesday, despite the generalized trend favouring riskier assets and high-beta currencies. The cross rapidly breached the key...
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Forex: EUR/PLN in lows around 4.1300

The wave of selling orders dragged the cross below the key level at 4.1300 on Wednesday, after the NBP cut the refi rate by 25 bps against market expectations. The Polish zloty surprisingly performed...
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