USDCHF Forecast

The USDCHF continued its bullish phase yesterday, topped at 0.9197 and hit 0.9207 earlier today in Asian session. The bias remains bullish in nearest term still targeting 0.9320 area. Immediate support is seen around 0.9150 – 0.9100. I don’t expect any movement below 0.9100 at this phase as it would stop the current strong bullish intraday outlook, but as long as stays above 0.8915 my overall technical bias remains to the upside.

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