The USDCHF was volatile but indecisive yesterday. The bias is neutral in nearest term. Overall the major bearish scenario remains strong but price is still in consolidation phase and need a clear break below 0.8274 to continue the bearish scenario aiming for new historical low. Immediate support remains at 0.8330 followed by 0.8274. Immediate resistance remains around 0.8450. A clear break above that area could trigger further bullish pullback testing 0.8555 key resistance area.
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