USDCHF Forecast

The USDCHF failed to continue its bullish momentum yesterday. Price still move above the bearish channel indicating the bullish scenario remains intact but surely lose some momentum. The bias is neutral in nearest term and I think we are in no trading zone. Immediate support at 1.0640. Break below that area could be a serious threat to the bullish outlook. We need a consistent move above 1.0750 to keep the bullish scenario intact testing 1.0888 area.

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