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USDCHF Daily Forecast: September 23

Thursday, September 22, 2016 19:57
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USDCHF Forecast
The USDCHF continued its bearish momentum yesterday bottomed at 0.9659. Price broke below the bullish channel as you can see on my H1 chart below suggests a bearish view. The bias remains bearish in nearest term testing 0.9600 – 0.9540 which is a good place to buy. Immediate resistance is seen around 0.9720. A clear break above that area could lead price to neutral zone in nearest term testing 0.9760 or higher. My major technical outlook remains neutral.

usdchfhourly

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