The USDCHF continued its bearish momentum last week bottomed at 0.9263. The bias remains bearish in nearest term testing 0.9250 – 0.9180. Immediate resistance is seen around 0.9300. A clear break above that area could lead price to neutral zone in nearest term but as long as stays below 0.9350 – 9.9400 I still prefer a bearish scenario at this phase.
IMOH, Clement I.
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