USDCHF Forecast

The USDCHF didn’t make significant movement yesterday, but the fact that price so far able to stay above 1.0450 should keep the bullish scenario intact with target at least around 1.0530 before aim for 1.0700 area. I don’t see significant bearish correction signal so far, so I am expecting further bullish continuation at this phase. Another movement below 1.0450 area should lead us into no trading zone as direction would become unclear in nearest term as market might consolidate but overall the bias remains to the upside.

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