USDCHF Forecast

The USDCHF continued its bullish correction yesterday. Price seems ready to the bearish channel but as long as the channel hold the main scenario remains to the downside. Immediate resistance at 1.0675. Break above that area could be a serious threat to the bearish outlook.  Initial support at 1.0480. Break below that area could trigger further downside pressure re-testing 1.0400.

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