USDCHF Forecast
The USDCHF didn’t make significant movement yesterday but traded lower earlier today in Asian session hit 0.9856 after formed a double top formation as you can see on my H4 chart below. The bias is bearish in nearest term testing 0.9825 area. A clear break and daily close below that area would invalidate the bullish phase triggered by the break above the bearish channel on September 27. Immediate resistance is seen around 0.9905. A clear break above that area could lead price to neutral zone in nearest term testing 0.9955 key resistance area which need to be clearly broken to the upside to reactivate my bullish mode testing 1.0055 region.


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