USDCHF Forecast

The USDCHF had a bullish momentum yesterday. The bias is bullish in nearest term testing 1.1250 area especially if price able to break above 1.1175 today but overall price still trapped in range area of 1.1175 – 1.0888. We need a consistent move above 1.1250 to continue the bullish scenario at least testing 1.3000/30 region. Immediate support at 1.1025. Break below that area could trigger further bearish pressure testing 1.0888 region.

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