USDCHF Daily Forecast: October 31

(Before It's News)

USDCHF Forecast
The USDCHF had a bearish momentum last week bottomed at 0.9857 after formed a “shooting star” formation as you can see on my daily chart below. The bias is bearish in nearest term testing daily EMA 200 located around 0.9780 area. Immediate resistance is seen around 0.9915. A clear break above that area could lead price to neutral zone in nearest term testing 0.9950 or higher. Overall I remain neutral.

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