USDCHF Forecast
The USDCHF was indecisive yesterday. The bias is neutral in nearest term probably with a little bearish bias testing 0.9665 support area. A clear break below that area could trigger further bearish pressure testing 0.9600 region. Immediate resistance is seen around 0.9720. A clear break above that area could trigger further bullish pressure testing 0.9800. Fundamental focus will be on the FOMC statement/press conference which is expected to be a market catalyst. My major technical outlook remains neutral.


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