USDCHF Forecast

The USDCHF continued its bearish momentum yesterday and now testing key support 0.9320. The bias remains bearish in nearest term especially if price able to make a clear break below 0.9320 testing 0.9200 area. Immediate resistance is seen around 0.9350. A clear break above that area could lead price to neutral zone in nearest term testing 0.9400. My overall technical bias remains to the upside but need a clear break at least above 0.9500 to keep the bullish scenario remains strong.

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