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USDCHF Daily Forecast: November 28

Sunday, November 27, 2016 20:04
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USDCHF Forecast
The USDCHF was indecisive last week. As you can see on my daily chart below, after a bullish run, we have a Doji candle followed by lower highs and lows candles suggests a potential bearish pullback. The bias is bearish in nearest term testing 1.0000. Immediate resistance is seen around 1.0135. A clear break above that area could lead price to neutral zone in nearest term as direction would become unclear. Overall I remain neutral.

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