USDCHF Forecast

The USDCHF attempted to push higher yesterday, slipped above the range area, topped at 1.1724 but closed significantly lower at 1.1566. This fact could produced a false breakout scenario which usually trigger a bearish pressure testing 1.1445 area. A clear break below 1.1445 could be seen a a serious threat to the bullish scenario. On the other hand, another upside attempt above 1.1695 should keep the major bullish scenario intact at least testing 1.1750 region.

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