“USDCHF Breaches Strong Resistance Level – Analysis – 05-01-2026”

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“USDCHF extended its gains in the latest intraday session, breaking above the key resistance at 0.7925. The move is driven by a short-term bullish corrective wave, with prices trading along a supporting trend line and benefiting from dynamic support above the 50-period EMA. This reinforces the potential for further near-term gains, especially as positive signals emerge on the Relative Strength Index after easing overbought conditions, supporting continued upward momentum.”

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