USDCHF Daily Forecast: January 17
USDCHF Forecast
The USDCHF continued its bullish momentum yesterday topped at 0.9910 and hit 0.9919 earlier today in Asian session. The bias remains bullish in nearest term but note that price is now inside my “sell zone” as you can see on my H4 chart below with a tight stop loss above 0.9950. Immediate support is seen around 0.9875. A clear break below that area could lead price to neutral zone in nearest term testing 0.9840/00 region.
Source: https://fxinstructor.com/blog/usdchf-daily-forecast-january-17-7
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