USDCHF Forecast

The USDCHF failed to continue its bearish momentum yesterday, topped at 0.9480 and closed at 0.9458. The bias is neutral in nearest term, but as long as price stays below 0.9550 I still prefer a bearish scenario at this phase. On the downside, another move below 0.9400 would keep the bearish outlook remains strong still targeting 0.9300.

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