USDCHF Forecast

The USDCHF failed to continue its bullish momentum yesterday and now back below 0.8460 support area. This fact stops my intraday bullish bias for a retest of 0.8325 strong support area. I still prefer a bullish scenario at this phase but would need a clear break above 0.8460 to keep the bullish scenario a live and kicking retesting 0.8555 even higher. If the current bearish pressure continues, another good place for a long position will be around 0.8325.

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