USDCHF Forecast
The USDCHF was indecisive yesterday. The bias is neutral in nearest term. Potential daily range is seen between 0.9360 – 0.9205. A clear break above 0.9360 could trigger further bullish pressure testing 0.9500 area. On the other hand, a clear break below 0.9205 could trigger further bearish pressure testing 0.9070 or lower. Overall I still prefer a bearish scenario at this phase.
