USDCHF Forecast

The USDCHF continued its bearish momentum yesterday and hit 0.9275 earlier today in Asian session. This fact would open the door for further bearish pressure targeting 0.9200 region. Immediate resistance at 0.9330. A clear break above that area would lead us to neutral zone in nearest term but any upside pullback after two weeks of strong bearish momentum is normal and overall the pressure remains strongly to the downside.

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