USDCHF Forecast
The USDCHF attempted to push higher yesterday topped at 0.9861 but whipsawed to the downside and hit 0.9760 earlier today. The bias is neutral in nearest term. Immediate resistance is seen around 0.9800. A clear break above that area could trigger further bullish pressure testing 0.9870. Immediate support is seen around 0.9745. A clear break below that area could trigger further bearish pressure testing 0.9700 – 0.9675 but overall I still prefer a bullish scenario at this phase.
