USDCHF Forecast
The USDCHF continued its bearish momentum yesterday bottomed at 0.9582. The bias remains bearish in nearest term testing 0.9500. Immediate resistance is seen around 0.9635. A clear break above that area could lead price to neutral zone in nearest term testing 0.9700 region. Potential daily range today is seen between 0.9500 – 0.9635. I prefer a bearish scenario at this phase.

usdchfhourly

By FXOpen