USDCHF Forecast
The USDCHF attempted to push higher yesterday topped at 0.9994 but whipsawed to the downside and closed lower at 0.9942 and hit 0.9922 earlier today. The bias is bearish in nearest term testing 0.9900 support area which is a good place to buy with a tight stop loss as a clear break back below that area could invalidate the bullish phase testing 0.9800 – 0.9750 region. Immediate resistance is seen around 0.9960. A clear break above that area could lead price to neutral zone in nearest term testing 1.0000 – 1.0050 region.


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