USDCHF Forecast
The USDCHF attempted to push higher yesterday topped at 0.9414 but whipsawed to the downside and closed at 0.9361. The bias remains neutral in nearest term. As you can see on my h1 chart below we have a rising wedge formation suggests a potential bearish scenario if violated to the downside. Immediate support is seen around 0.9340. A clear break below that area could trigger further bearish pressure testing 0.9300 – 0.9255 area. Immediate resistance is seen around 0.9420. My major technical outlook remains neutral.
