USDCHF Daily Forecast: September 19
USDCHF Forecast
The USDCHF attempted to push lower yesterday, hit 0.9600 but closed higher at 0.9645. The bias is neutral in nearest term. Overall I still prefer a bearish scenario but need a clear break below 0.9600 to resume the bearish phase testing 0.9535 region or lower. Immediate resistance is seen around 0.9700. A clear break and daily close above that area could trigger further bullish pullback testing 0.9785 key resistance which remains a good place to sell with a tight stop loss as a clear break above that area would invalidate the bearish outlook.
Source: https://fxinstructor.com/blog/usdchf-daily-forecast-september-19-7
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