USDCHF Forecast
The USDCHF had a significant bullish movement yesterday on broad US Dollar strength after the FOMC topped at 0.9956. The bias is bullish in nearest term testing 1.0000 – 1.0050 area. Immediate support is seen around 0.9900. A clear break below that area could lead price to neutral zone in nearest term testing 0.9820 but overall I prefer a bullish scenario at this phase and any downside pullback should be seen as a good opportunity to buy.
