USDCHF Forecast

The USDCHF bearish momentum was paused on Friday. The bias is neutral in nearest term but as long as price stay below 1.0350 the pressure should more to the downside testing 1.0220 region. Immediate resistance at 1.0392 (Friday’s high). Break above that area could lead us back to neutral zone and range market testing 1.0450 – 1.0500 resistance area.

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