USDCHF Forecast

The USDCHF was indecisive yesterday, made a Doji on daily chart. There are no changes in my technical outlook. The bias remains neutral in nearest term but as long as stays inside the bearish channel my overall intraday bias remains to the downside testing 0.9320. Immediate support is seen around 0.9420 which need to be broken to the downside to continue the bearish scenario. On the upside, a clear break above the channel and daily close above 0.9575 will stop the current bearish outlook.


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