USDCHF Forecast

The USDCHF didn’t make significant movement yesterday. The bias is neutral both in nearest and medium term as price still trapped in range area of 1.1175 – 1.0888. Immediate support at 1.1045. Break below that area could trigger further bearish pressure testing 1.0950 region. Initial resistance at 1.1175. Consistent move above that area should trigger further upside pressure re-testing 1.1250 region.

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