USDCHF Forecast

The USDCHF had a moderate bearish momentum yesterday. The main scenario remains to the downside targeting 1.0750. Bullish view indicated by CCI divergence as you can see on my h4 chart below. Immediate resistance at 1.0900/50 region and the minor trendline resistance (white). Break above that area could lead us into neutral zone in nearest term but as long as price move inside the major bearish channel the bearish scenario remains intact.

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