USDCHF Forecast

The USDCHF had a significant bullish momentum yesterday. On daily chart below we can see that price is now challenging the upper side of the range area around 1.0888. Consistent move above that area should confirm bullish scenario targeting 1.1000 region. Immediate support at 1.0800. Break below that area could trigger further bearish momentum testing 1.0750 and keep the pair in range area of 1.0888 – 1.0420 in longer term point of view.

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