The USDCHF had a bearish momentum yesterday bottomed at 0.8939. The bias is bearish in nearest term testing 0.8900 – 0.8875. Immediate resistance is seen around 0.8967. A clear break above that area could lead price to neutral zone in nearest term but any upside pullback now is normal and only a clear break back above 0.9040 (hourly EMA 200) could interrupt the bearish outlook.
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