USDCHF Forecast

The USDCHF made a significant bearish momentum yesterday by clearly broken below the range area after two weeks of consolidation as you can see on my daily chart below. This fact confirms the bearish continuation scenario targeting 0.9100 – 0.9000 this week. On the upside, only a movement back above 0.9230 would be a threat to the bearish continuation scenario and lead us to neutral zone as direction would become unclear.

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