The Usdchf had a bearish momentum last week bottomed at 0.9846 following a clear break below 0.9940 support area (now resistance) but closed a little bit higher at 0.9890. The bias is bearish in nearest term testing 0.9835. Immediate resistance is seen around 0.9940. A clear break back above that area could lead price to neutral zone in nearest term but would give the major bullish trend another chance retesting 1.0037 key resistance area.
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