USDCHF Forecast
The USDCHF had another indecisive movement yesterday. Price attempted to push lower but found a good support at the H1 EMA 200 as you can see on my H1 chart below. The bias is neutral in nearest term probably with a little bullish bias testing 0.9850 – 0.9900 region which remains a good place to sell. Immediate support is seen around the H1 EMA 200 located around 0.9765. A clear break below that area could trigger further bearish pressure testing 0.9690 area. Fundamental focus will be on the FOMC statement. My major technical outlook remains neutral.


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