USDCHF Forecast
The USDCHF had a bearish momentum yesterday hit my first technical target at 0.9880 and hit 0.9853 earlier today in Asian session. The bias is bearish in nearest term testing 0.9813. Immediate resistance is seen around 0.9880 – 0.9900 area. A clear break above that area could lead price to neutral zone in nearest term testing 0.9950 area. Fundamental focus today will be on the US NFP number. The second round of French election will be held on Sunday (May 07) which could create another gap on Monday.


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