There appears to have been some progress on the U.S. tax reform but it is all words so far. Trump hasn't managed to repeal and replace Obamacare but maybe he could gather sufficient support for lowering some taxes.

USD/CHF made another attempt at the strong resistance area at 0.975 - 0.98 this afternoon but pulled back sharply. That area is backed by descending 2016 - 2017 trendline and 200 DMA. 0.97 is the initial support and then 0.965.

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