USDCHF Forecast
The USDCHF had a bullish momentum yesterday topped at 1.0124. The bias is bullish in nearest term testing 1.0240 area. Immediate support is seen around 1.0062. A clear break below that area could lead price to neutral zone in nearest term testing 1.0035 – 1.0000 area which is a good place to buy with a tight stop loss. Fundamental focus will be on the US ADP Non-Farm Employment Change, Trade Balance and the FOMC meeting minutes.
