USDCHF Forecast
The USDCHF had a bullish momentum yesterday topped at 0.9645. The bias is bullish in nearest term but note that 0.9650 region remains a good place to sell with a tight stop loss. Immediate support is seen around 0.9600. A clear break below that area could lead price to neutral zone in nearest term testing 0.9550 – 0.9520 support area. On the upside, a clear break above 0.9650 would invalidate the rising wedge bearish scenario testing 0.9750 or higher. Overall I remain neutral.

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