USDCHF Forecast

The USDCHF had a bearish momentum yesterday, broke and closed below 0.9500 support area. This fact could trigger another bearish consolidation in nearest term testing 0.9400 but as long as stays above 0.9320 my overall technical bias remains to the upside. The bias is bearish in nearest term. Immediate resistance is seen around 0.9520. A clear break above that area could change the nearest term bias to a bullish view testing 0.9600 area and keep the bullish scenario remains strong.

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