USDCHF Forecast

The USDCHF was corrected higher earlier today in Asian session after failed to make a break below 0.8550 support area last week. The bias is neutral in nearest term. My overall intraday bias remains to the downside and only a clear break and daily close back above 0.8810 could stop the intraday bearish outlook. Immediate support is seen around 0.8660. A clear break and daily close back below that area would keep the bearish intraday bias remains strong, retesting 0.8550 strong support area.

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