USDCHF Forecast

The USDCHF failed to continue its bullish momentum yesterday, bottomed at 0.9070 and closed at 0.9082. The bias is bearish in nearest term testing 0.9050 key support area. A clear break and daily close below that area would reactivate my bearish mode retesting 0.8935. Immediate resistance is seen around 0.9115. A clear break above that area could lead price to neutral zone in nearest term testing 0.9174 – 0.9220/30 resistance area.

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