USDCHF Forecast
The USDCHF had a bullish momentum yesterday topped at 0.9546. The bias is bullish in nearest term especially if price able to stay consistently above 0.9540 testing 0.9600 or higher. As you can see on my H4 chart below we have a valid resistance around 0.9540 area, a good place to sell with a tight stop loss above 0.9540. Immediate support is seen around 0.9510. A clear break below that area could lead price to neutral zone in nearest term testing 0.9440 area. Potential daily range today is seen between 0.9440 – 0.9540.
