USDCHF Forecast

The USDCHF continued its bearish scenario on Friday after a worse than expected US NFP number. The bias is bearish in nearest term targeting 1.0220 especially if price able to move consistently below 1.0350. Immediate resistance at 1.0450. Break above that area could lead us into neutral zone as direction is unclear testing 1.0500 but the main scenario remains to the downside.

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