USDCHF Forecast
The USDCHF had a bullish momentum yesterday topped at 0.9766. The bias is bullish in nearest term testing 0.9820 which remains a good place to sell with a tight stop loss as price is making higher lows as you can see on my H4 chart below, giving a pressure to 0.9820 resistance area. A clear break above 0.9820 could trigger strong bullish pressure at least testing 0.9900 area. Immediate support is seen around 0.9740. A clear break below that area could lead price to neutral zone in nearest term testing 0.9700 – 0.9680 area. My major technical outlook remains neutral.
