USDCHF Forecast
The USDCHF had another indecisive movement yesterday. As you can see on my daily chart below price has been moving sideways without clear direction. The bias is neutral in nearest term. Immediate support remains around 0.9600 – 0.9595. A clear break below that area could trigger further bearish pressure testing 0.9550 – 0.9500 but any movement near 0.9450 support area is a good opportunity to buy. Immediate resistance remains around 0.9650. A clear break and daily close above that area could trigger further bullish pressure testing 0.9700 – 0.9750 region. My major technical outlook remains neutral.


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