USDCHF Forecast

The USDCHF continued its bearish momentum on Friday, break below 0.8555. The bias is bearish in nearest term testing 0.8400 – 0.8350. Immediate resistance at 0.8555. A clear break above that area would lead us to neutral zone in nearest term but as long as price moves below 0.8670 – 0.8710 I still prefer a bearish intraday bias at this phase.

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