USDCHF Forecast
The USDCHF had a significant bearish momentum yesterday bottomed at 0.9955. The bias is bearish in nearest term. Price fell below the H4 EMA 200 as you can see on my H4 chart above suggests a bearish outlook testing 0.9880 before retesting 0.9813. Immediate resistance is seen around 1.0020. A clear break and daily close back above that area could lead price to neutral zone in nearest term as direction would become unclear. Overall I remain neutral.


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