USDCHF Forecast
The USDCHF attempted to push higher yesterday topped at 0.9789 but closed lower at 0.9743. As you can see on my daily chart below, price unable to make a clear break above the daily EMA 200, which should keep the “shooting star” bearish scenario alive and kicking. The bias is bearish in nearest term testing 0.9700 – 0.9650 region. Immediate resistance is seen around 0.9775. A clear break above that area could lead price to neutral zone in nearest term testing 0.9820 area. Overall I remain neutral.

usdchfdaily

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