The USDCHF continued its bearish momentum on Friday, bottomed at 0.9501 but closed a little bit higher at 0.9543. The bias remains bearish in nearest term testing 0.9420 as bearish correction target. Immediate resistance is seen around 0.9600 followed by 0.9650 which need to be broken to the upside to interrupt the current bearish intraday bias.
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