USDCHF Forecast

The USDCHF was indecisive on Friday. The bias is neutral in nearest term. Overall price is still in a major bearish outlook but seems found a good support around 0.8900 while at the same time CCI bullish divergence suggests potential bearish exhaustion and bullish consolidation testing 0.9000. /55. On the downside, we need a clear break below 0.8900 to continue the bearish scenario testing 0.8850/00.

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