USDCHF Forecast

The USDCHF continued its bullish correction yesterday, topped at 0.7974. This fact keeps the bullish correction scenario since the appearance of the hammer formation remains strong especially if price able to make another break above 0.8000 resistance area testing 0.8275 region. Immediate support is seen around 0.7750 followed by 0.7650. As long as price stays above 0.7650 my overall intraday bias remains to the upside.

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