USDCHF Forecast
The USDCHF continued its bullish momentum last week topped at 0.9956 but closed lower at 0.9873. The bias is bearish in nearest term testing 0.9820 but as long as stays above 0.9820 I still prefer to buy with a tight stop loss below 0.9820 targeting 1.0000 area. Immediate resistance is seen around 0.9890. A clear break above that area could lead price to neutral zone in nearest term testing 0.9956 – 1.0000 region.
