USDCHF Forecast
The USDCHF continued its bullish momentum yesterday topped at 0.9382. The bias remains bullish in nearest term testing 0.9440 key resistance. Overall I still prefer a bearish scenario at this phase but a clear break and daily close above 0.9440 could be an early signal of a bullish reversal scenario. Immediate support is seen around 0.9340. A clear break below that area could lead price to neutral zone in nearest term testing 0.9300 – 0.9255 support area.