USDCHF Forecast
The USDCHF attempted to push higher yesterday topped at 1.0084 but whipsawed to the downside and closed lower at 0.9992. The bias remains neutral in nearest term but overall I still prefer a bullish scenario at this phase with nearest target seen around 1.0125 area. Immediate support is seen around 0.9988 (yesterday’s low). A clear break below that area could trigger further bearish pressure testing 0.9955 area which remains a good place to buy with a tight stop loss.
