USDCHF Forecast
The USDCHF had a moderate bullish momentum yesterday and hit 0.9759 earlier today. The bias is bullish in nearest term testing 0.9820. Overall price is still moving sideways without clear direction and selling around 0.9820 with a tight stop loss seems to be a good idea at this phase. A clear break and daily close above that area could trigger further bullish pressure testing 0.9900 area. Immediate support is seen around 0.9720. A clear break below that area could lead price to neutral zone in nearest term testing 0.9680 region. My overall technical outlook remains neutral.
