USDCHF Forecast
The USDCHF was corrected lower yesterday bottomed at 1.0121. The bias is neutral in nearest term probably with a little bearish bias testing 1.0080 support area which is a good place to buy with a tight stop loss. Immediate resistance is seen around 1.0170/80. A clear break above that area could trigger further bullish pressure testing 1.0240 key resistance which remains a good place to sell with a tight stop loss. A clear break and daily/weekly close above 1.0240 could trigger further bullish pressure testing 1.0300 – 1.0350 region next week.  Overall I remain bullish.

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