USDCHF Forecast

The USDCHF had another indecisive movement last week. The bias remains neutral in nearest term. My overall technical bias remains to the upside and price keeps making higher low but still need a clear break above 0.9320 to continue the bullish scenario testing 0.9400 – 0.9500 area.  Immediate support remains around 0.9200 – 0.9170. A clear break below that area could trigger further bearish pressure testing 0.9100 – 0.9070.

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