USDCHF Forecast
The USDCHF had a bearish momentum last week bottomed at 0.9444. The bias is bearish in nearest term testing 0.9420/00 as a part of the bearish scenario following the violation to the bullish channel as you can see on my daily chart below. Immediate resistance is seen around 0.9495. A clear break above that area could lead price to neutral zone in nearest term as direction would become unclear. On the downside, a clear break and daily close below 0.9420/00 would expose 0.9350. Overall I remain neutral.

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