USDCHF Forecast
The USDCHF had another indecisive movement yesterday. There are no changes in my technical outlook. The bias remains neutral in nearest term but as long as stays above the trend line support I still prefer a bullish scenario at this phase. Immediate support is seen around 1.0000. A clear break below that area could trigger further bearish pressure testing 0.9950. On the upside, 1.0120 remains a key resistance which need to be clearly broken to the upside to continue the bullish scenario.

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By FXOpen