USDCHF Forecast
The USDCHF had a bearish momentum last week bottomed at 0.9232. The bias is bearish in nearest term but overall I still prefer a bullish scenario at this phase and buying around 0.9255/35 remains a good idea with a tight stop loss targeting 0.9540 – 0.9700 region. On the downside, a clear break and daily close below 0.9255/35 would activate my bearish mode testing 0.9070.
