The USDCHF had another indecisive movement yesterday. There are no changes in my technical outlook. The bias remains neutral in nearest term. Price has been moving sideways between 0.9800 – 0.9650 in the last two weeks and need a clear break from the range area to see clearer direction. As long as stays below 0.9800 price is still in a bearish correction phase. Immediate support remains around 0.9700 followed by 0.9650. I still prefer a bullish scenario at this phase but would need a clear break above 0.9800 to reactivate my bullish mode.
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