USDCHF Forecast
The USDCHF attempted to push higher last week topped at 0.9980 but closed a little bit lower at 0.9949. The bias is neutral in nearest term. As long as stay below 1.0020 I still prefer a bearish scenario at this phase targeting 0.9880 – 0.9813 area. Immediate resistance is seen around 0.9980. A clear break above that area would expose 1.0020 region which is a good place to sell with a tight stop loss. Overall I remain neutral.


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