USDCHF Daily Forecast: January 24
USDCHF Forecast
The USDCHF had a bearish momentum yesterday bottomed at 0.9939. The bias is bearish in nearest term testing 0.9900 area. A clear break and daily close back below that area would create a false breakout bearish scenario testing 0.9850/00 region. Immediate resistance is seen around 0.9950. A clear break above that area could lead price to neutral zone in nearest term but would keep the bullish phase alive and kicking testing 1.0000 – 1.0050 area.
Source: https://fxinstructor.com/blog/usdchf-daily-forecast-january-24-7
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