USDCHF Forecast
The USDCHF continued its bullish momentum last week topped at 1.0220. The bias is bullish in nearest term testing 1.0240 which remains a potential strong resistance and a good place to sell with a tight stop loss. A clear break above that area could trigger further bullish pressure testing 1.0300 – 1.0350 or higher. Immediate support is seen around 1.0180. A clear break below that area could lead price to neutral zone in nearest term testing 1.0150 or lower but overall I remain bullish and any downside pullback should be seen as a good opportunity to buy.
