USDCHF Forecast
The USDCHF had another indecisive movement yesterday. There are no changes in my technical outlook. The bias remains bearish in nearest term testing 0.9600 – 0.9550 region as a part of the false breakout (above the trend line resistance)bearish scenario as you can see on my H4 chart below. Price also has been moving consistently below the H4 EMA 200 suggests a valid bearish trend. Immediate resistance remains around 0.9715. A clear break above that area could lead price to neutral zone in nearest term but as long as stay below 0.9815 I remain bearish and any upside pullback should be seen as a good opportunity to sell.


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