USDCHF Forecast

The USDCHF failed to continue its bearish momentum yesterday and now moving back above 0.9400 after another failure to make a clear break below 0.9320 support area. The bias is bullish in nearest term testing 0.9500/46. Immediate support is seen around 0.9400 – 0.9375. A clear break back below that area could lead price to neutral zone in nearest term retesting 0.9320. My overall technical bias remains to the upside.

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