USDCHF Forecast
The USDCHF had a strong bearish momentum yesterday on broad US Dollar weakness after FOMC, bottomed at 0.9623 but closed higher at 0.9771. The bias is bearish in nearest term retesting 0.9623. Immediate resistance is seen around 0.9880. A clear break above that area could lead price to neutral zone in nearest term as direction would become unclear. I prefer to stand a side for now.


By FXOpen