USDCHF Forecast
The USDCHF had a bearish momentum yesterday bottomed at 0.9848. The bullish phase since broke above the bearish channel remains intact but the bias is bearish in nearest term testing 0.9825 area. The bullish flag scenario also remains valid but need a clear break above 0.9910 to resume the bullish run testing 0.9980 area. On the downside, a clear break and daily close below 0.9825 would invalidate the bullish flag scenario and activate my neutral mode for this pair.


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