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USD/CHF Price Forecast: RSI nears overbought territory as the pair climbs to near seven-month highs

USD/CHF extends gains on Friday even as the US Dollar (USD) eases slightly after rising to more than one-year highs. Diverging monetary policy expectations between the Federal Reserve (Fed) and the Swiss National Bank (SNB) keep demand tilted toward the US Dollar over the Swiss Franc (CHF).

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