The USDCHF had another indecisive movement yesterday. Price slipped below 0.9570 but we haven’t seen a convincing break below that support so far. The bias is neutral in nearest term. Immediate support is seen around 0.9520. A clear break below that area could trigger further bearish pressure testing 0.9475. Immediate resistance is seen around 0.9625. A clear break above that area could trigger further bullish pressure testing 0.9715 region.
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