USDCHF Daily Forecast: August 09

The USDCHF had another indecisive movement yesterday. The bias is neutral in nearest term. I still prefer a bullish scenario at this phase but as long as stays below 0.9770 – 0.9800 price is still in a bearish correction/consolidation phase testing 0.9600 area. On the upside, a clear break and daily close above 0.9770 – 0.9800 will reactivate my bullish mode.

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