USD/CHF Mid-Day Outlook

[Forex-Outlook]

Intraday bias in USD/CHF remains neutral as consolidations from 1.1244 continues. Another fall cannot be ruled out but after all, downside should be contained by by 1.0746/0923 support zone and bring rally resumption. Break of 1.1244 resistance will confirm rally resumption and should target 161.8% projection of 1.0131 to 1.0897 from 1.0434 at 1.1673 next.

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