USDCHF Forecast

The USDCHF had a significant bearish momentum yesterday, made a strong break below 0.8274 support area and hit a new record low at 0.8098. The bias is bearish in nearest term testing 0.8000 region. Immediate resistance is seen around 0.8180. A clear break above that area could lead us to neutral zone in nearest term testing 0.8274 but as long as price stays below 0.8274 my overall intraday bias remains strongly to the downside, aiming for another new record lows.

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