The USDCHF was indecisive last week. Price attempted to push higher topped at 0.9396 but closed lower at 0.9262. The bias is neutral in nearest term. As long as stays below 0.9400 I still prefer a bearish scenario at this phase. Immediate support is seen around 0.9250. A clear break below that area could trigger further bearish pressure testing 0.9200 – 0.9180.
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