USDCHF Forecast
The USDCHF had another indecisive movement last week. The bias is neutral in nearest term. Price is moving inside a range area between 0.9990 โ€“ 0.9900 as you can see on my H4 chart below and we need a clear break from that range area to see clearer direction. Overall I still prefer a bullish scenario but need a clear break above 0.9990 to resume the bullish run testing 1.0050 โ€“ 1.0095 region. On the downside, a clear break below 0.9900 would invalidate the bullish phase and activate my โ€œwait and seeโ€ mode.

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