USDCHF Forecast

The USDCHF didn’t make significant movement yesterday. On h4 chart below we can see that price consolidating in rectangle area between 1.1137 – 1.1006. The bias is neutral in nearest term and we need a break from the rectangle area to see clearer direction. I prefer a breakdown targeting 1.0920 region but if price make a breakout above the range area I will stand aside and see further development as price may testing 1.1170 and 1.1245 resistance area.

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