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USDCHF Daily Forecast: January 12

Wednesday, January 11, 2017 19:46
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USDCHF Forecast
The USDCHF attempted to push higher yesterday topped at 1.0248 but whipsawed to the downside and closed lower at 1.0141. The bias is neutral in nearest term probably with a little bearish bias testing 1.0060/00 support area which is a good place to buy. Immediate resistance is seen around 1.0180 – 1.0200 area. A clear break and daily close above that area would expose 1.0325 key resistance.

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