USDCHF Forecast

The USDCHF didn’t make significant movement yesterday. The bias remains neutral in nearest term, but the overall technical outlook remains to the upside still targeting 0.9320 and only a clear break back below 0.8915 would stop the bullish outlook. Immediate support remains around 0.9100 followed by 0.9050. On the upside, 0.9200/35 area has been a respected resistance in the last few days and need a clear break and daily close above that area to continue the bullish pressure testing 0.9320 area.

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