USDCHF Forecast
The USDCHF continued its bullish momentum last week, broke above 1.0240 key resistance as you can see on my daily chart below, topped at 1.0328. The bias is bullish in nearest term testing 1.0400 – 1.0450 area. Immediate support is seen around 1.0280. A clear break below that area could lead price to neutral zone in nearest term testing 1.0240/20 which is a good place to buy with a tight stop loss, because a clear break and daily close back below 1.0240 could create a potential false breakout bearish scenario.
