USDCHF Forecast
The USDCHF was indecisive yesterday. The bias remains bearish in nearest term testing 0.9750 area. Immediate resistance is seen around 0.9850. A clear break above that area could lead price to neutral zone in nearest term but as long as stay inside the bearish channel I prefer a bearish scenario at this phase and any upside pullback should be seen as a good opportunity to sell. On the downside, a clear break and daily close below 0.9750 would target 0.9600 – 0.9535 key support area.


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