The USDCHF was volatile but indecisive yesterday. The bias is neutral in nearest term. Selling around the upper line of the bearish channel remains a good idea with a tight stop loss above 0.9350 as a clear break and daily close above that area could be an early signal of a bullish reversal scenario. Important intraday range is seen between 0.9350 – 0.9250. We need a clear break from that range area to see clearer direction.
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