USDCHF Forecast
The USDCHF had a bearish momentum yesterday on broad US Dollar weakness after a dovish FOMC minutes and hit 0.9638 earlier today. The bias is bearish in nearest term testing 0.9550. Immediate resistance is seen around 0.9700. A clear break above that area could lead price to neutral zone in nearest term as direction would become unclear. My major technical outlook is neutral.
