USDCHF Forecast
The USDCHF had a bullish momentum yesterday topped at 0.9934. The bias remains bullish in nearest term testing 0.9955. A clear break and daily close above that area could trigger further bullish pressure retesting 1.0055 key resistance area. Immediate support is seen around 0.9900. A clear break below that area could trigger further bearish pressure testing 0.9855 but key support remains at 0.9785. Overall price is still trapped inside a range area between 1.0055 – 0.9785 and we need a clear break from that range area to see clearer direction. Fundamental focus will be on the US NFP on Friday.

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