USDCHF Forecast

The USDCHF failed to continue its bearish momentum last week and now back above 0.9050. The bias is bullish in nearest term testing 0.9220/30 area. Immediate support is seen around 0.9100. A clear break below that area could lead price to neutral zone in nearest term testing 0.9050. I still prefer a bearish scenario at this phase but the movement back above 0.9050 forced me to activate my wait and see mode.

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