USDCHF Forecast
The USDCHF had a bearish momentum last week bottomed at 0.9460 and hit 0.9435 earlier today. The bias remains bearish in nearest term testing 0.9395. Immediate resistance is seen around 0.9500. A clear break above that area could lead price to neutral zone in nearest term testing 0.9550 but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell. Potential daily range today is seen between 0.9395 – 0.9500.
