The USDCHF was indecisive yesterday but still able to maintain its bearish short term bias and hit 0.9428 earlier today. I still prefer a bullish scenario but nearest term bias is bearish now testing 0.9420/00 – 0.9350. Immediate resistance is seen around 0.9475. A clear break and daily close above that area would keep the bullish outlook remains strong testing 0.9600.
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