USDCHF Forecast

The USDCHF finally made a breakout above the range area as you can see on my h4 chart below. This fact continues the bullish correction outlook since the appearance of the hammer formation, targeting 0.8275. On the downside, immediate support is seen around 0.8000. Another movement back below that area could lead price to neutral zone as direction would become unclear and reactivate my wait and see mode.

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