USDCHF Forecast

The USDCHF was indecisive yesterday but overall still able to maintain its bullish intraday bias. Potential daily range is seen between 0.9650 – 0.9585. I still prefer a bullish scenario at this phase and do not expect any consistent move below 0.9585 as it will interrupt the intraday bearish outlook. On the upside, we need a clear break above the bullish flag and 0.9650 to continue the bullish scenario testing 0.9800.


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