USDCHF Forecast
The USDCHF had a bullish momentum yesterday and hit 1.0106 earlier today. The bias is bullish in nearest term testing 1.0125. A clear break above that area could trigger further bullish pressure testing 1.0200/40 key resistance. Immediate support is seen around 1.0070. A clear break below that area could lead price to neutral zone in nearest term testing 1.0000 but overall I remains bullish and any downside pullback should be seen as a good opportunity to buy. Fundamental focus today will be on German/Euro Zew Economic Sentiment and US CPI/Core CPI which are expected to be a market catalyst.
