USDCHF Forecast
The USDCHF attempted to push higher yesterday topped at 0.9504 but whipsawed to the downside and closed lower at 0.9387. The bias is neutral in nearest term. Immediate support is seen around 0.9365. A clear break below that area could trigger further bearish pressure testing 0.9320 or lower. Immediate resistance is seen around 0.9450. A clear break above that area could trigger further bullish pressure testing 0.9500 or higher. Potential daily range today is seen between 0.9320 – 0.9450. Overall I remain bearish.
