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USDCHF Daily Forecast: October 18

Monday, October 17, 2016 20:38
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USDCHF Forecast
The USDCHF was indecisive yesterday. The bias is neutral in nearest term. As you can see on my H4 chart below price is still in my “sell zone” with a tight stop loss above 0.9950. Immediate support is seen around 0.9850. A clear break and daily close below that area could trigger further bearish pressure testing 0.9800 or lower. Overall I remain neutral.

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