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USDCHF Daily Forecast: November 10

Wednesday, November 9, 2016 18:17
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(Before It's News)

USDCHF Forecast
The USDCHF attempted to push lower yesterday bottomed at 0.9549 but whipsawed to the upside and hit 0.9847 in a volatile market on US election day which put Donald Trump in the White House. The bias is bullish in nearest term testing 0.9950 – 1.0000 area. Immediate support is seen around 0.9775. A clear break below that area could lead price to neutral zone in nearest term as direction would become unclear. Overall I remain neutral.

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