USDCHF Forecast
The USDCHF continued its bearish momentum yesterday bottomed at 0.9538. The bias remains bearish in nearest term testing 0.9490. Immediate resistance is seen around 0.9610. A clear break above that area could lead price to neutral zone in nearest term testing 0.9675. As you can see on my hourly chart below, 0.9490 support area has been proven twice in the past as a solid support, so buying around that area with a tight stop loss seems to be a good idea.
