USDCHF Forecast
The USDCHF had another indecisive movement yesterday. The bias is neutral in nearest term probably with a little bearish bias especially if price able to make a clear break below 0.9700 testing 0.9650 – 0.9600 region. Immediate resistance is seen around 0.9775. A clear break above that area could trigger further bullish pressure testing 0.9820 area. Potential daily range today is seen between 0.9700 – 0.9820. My major technical outlook remains neutral.


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