The USDCHF had another insignificant movement yesterday. There are no changes in my technical outlook. Important intraday range to be closely watched is seen between 0.9200 – 0.9150. A clear break and daily close above 0.9200 could trigger further bullish pressure testing 0.9250 or higher. On the other hand, a clear break and daily close below 0.9150 could trigger further bearish pressure testing 0.9100 or lower. Overall I still prefer a bearish scenario.
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