The USDCHF failed to continue its bearish correction phase in Friday, topped at 0.9240 and closed at 0.9210. The bias is bullish in nearest term testing 0.9320 key resistance area. A clear break and daily close above that area could end the bearish correction phase and continue the bullish scenario testing 0.9400 – 0.9500. Immediate support is seen around 0.9200 – 0.9170 area. A clear break below that area could lead price to neutral zone in nearest term testing 0.9100 – 0.9070 support area.
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