USDCHF Forecast
The USDCHF failed to continue its bearish momentum yesterday topped at 0.9738. The bias is bullish in nearest term testing 0.9750 but key resistance remains around 0.9820 which remains a good place to sell with a tight stop loss. Immediate support is seen around 0.9700. A clear break below that area could lead price to neutral zone in nearest term testing 0.9650 area. All eyes will be on the FOMC meeting. My major technical outlook remains neutral.
