USDCHF Daily Forecast: October 23
USDCHF Forecast
The USDCHF was indecisive yesterday. The bias remains bullish in nearest term as a part of the bullish flag scenario but note that we need a clear break above 0.9980 resistance area to resume the bullish run testing 1.0055 area. Immediate support is seen around 0.9940/10 region. A clear break below that area could lead price to neutral zone in nearest term as direction would become unclear testing 0.9850/25 region.
Source: https://fxinstructor.com/blog/usdchf-daily-forecast-october-23-7
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