USDCHF Forecast
The USDCHF attempted to push lower yesterday bottomed at 0.9940 but closed higher at 0.9986 and hit 0.9991 earlier today in Asian session. The bias is neutral in nearest term probably with a little bullish bias testing 1.0020 resistance area which remains a good place to sell with a tight stop loss targeting 0.9880. Immediate support is seen around 0.9940. A clear break and daily/weekly close below that area would expose 0.9880 – 0.9813 next week. Overall I remain neutral.


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