USDCHF Daily Forecast: November 06

USDCHF Forecast
The USDCHF was indecisive yesterday but overall still able to maintain its bullish intraday bias so far. The bias remains bullish in nearest term. Price is struggling around 0.9955 resistance area as you can see on my H4 chart below. A clear break above that area could trigger further bullish pressure testing 1.0000 – 1.0050 region. Immediate support remains around 0.9910. A clear break below that area could lead price to neutral zone in nearest term testing 0.9870 but key support remains around 0.9820 which remains a good place to buy with a tight stop loss. Fundamental focus today will be on the US NFP number.