The USDCHF was corrected higher yesterday and hit 0.9137 earlier today. Overall I still prefer a bearish scenario at this phase but we have a potential bullish correction testing 0.9200 or higher. The bias is bullish in nearest term. Immediate support is seen around 0.9120 – 0.9090. A clear break below that area could lead price to neutral zone in nearest term but would keep the major bearish scenario remains strong testing 0.9050 – 0.9000.
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