USDCHF Forecast
The USDCHF had a bullish momentum yesterday and hit 0.9531 earlier today. The bias is bullish in nearest term testing 0.9540. I am not in a bullish mode and my major technical outlook remains neutral. Immediate support is seen around 0.9480. A clear break below that area could lead price to neutral zone in nearest term testing 0.9450. Potential daily range is seen between 0.9540 – 0.9450. On the upside, a clear break above 0.9540 could trigger further bullish pressure testing 0.9600 area.
