USDCHF Forecast
The USDCHF attempted to push higher yesterday topped at 0.9406 but closed lower at 0.9329. The bias is neutral in nearest term. Immediate support is seen around 0.9320. A clear break below that area could trigger further bearish pressure retesting 0.9255/35 key support area, which remains a good place to buy with a tight stop loss targeting 0.9540 – 0.9700. On the downside, a clear break and daily close below 0.9255/35 would activate my bearish mode testing 0.9070.

usdchfhourly

By FXOpen