USDCHF Forecast

The USDCHF was volatile but indecisive yesterday. The bias is neutral in nearest term but still within a bearish intraday context after broke below the trend line support as you can see on my daily chart below, still testing 0.8700 even 0.8550. Immediate resistance is seen around 0.8800. A clear break above that area could trigger further bullish pullback testing 0.8850 but as long as price stays below 0.8915 I still prefer a bearish intraday scenario at this phase.

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