USDCHF Forecast

The USDCHF had another volatile but indecisive movement yesterday. There are no changes in my technical outlook. The bias remains bearish in nearest term testing 0.8950/30. Immediate resistance remains around 0.9050. A clear break back above that area could lead price to neutral zone in nearest term testing 0.9100/40 area but overall I still prefer a bearish scenario at this phase and only a clear break above 0.9320 could cancel the bearish scenario.

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