USDCHF Forecast
The USDCHF continued its bearish momentum yesterday bottomed at 0.9847 and hit 0.9836 earlier today in Asian session. The bias remains bearish in nearest term as a part of the false breakout  bearish scenario as you can see on my H4 chart below, targeting 0.9813 region. Immediate resistance is seen around 0.9861 (current high). A clear break above that area could lead price to neutral zone in nearest term testing 0.9900 region but only a clear break above 0.9950 could interrupt the current bearish momentum. On the downside, a clear break and daily close below 0.9813 would expose 0.9750/00 area.


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