USDCHF Forecast

The USDCHF was indecisive yesterday, just like other major pairs. The bias is neutral in nearest term with potential daily range between 0.8460 – 0.8325. The best strategy for now is to long around 0.8325 or short around 0.8460 with tight stop loss. A clear break above 0.8460 could trigger further bullish scenario retesting 0.8555 even higher. On the other hand a clear break below 0.8325 could continue the bearish pressure aim for new historical low.

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