The USDCHF had a bullish momentum yesterday topped at 0.9488. The bias is bullish in nearest term testing 0.9520 or higher. Immediate support is seen around 0.9450. A clear break below that area could lead price to neutral zone in nearest term testing 0.9400 – 0.9370 but overall I still prefer a bullish outlook as a part of the bullish reversal scenario after broke above the bearish channel.
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