USDCHF Forecast
The USDCHF had a bearish momentum yesterday after broke below 0.9730 bottomed at 0.9639. The bias is bearish in nearest term testing 0.9623. A clear break below that area could trigger further bearish pressure testing 0.9550 before testing 0.9450 region. Immediate resistance is seen around 0.9730. A clear break above that area could lead price to neutral zone in nearest term as direction would become unclear.

usdchfhourly

By FXOpen