USDCHF Forecast
The USDCHF had a significant bearish momentum yesterday slipped below 0.9515 as you can see on my H4 chart below. It is a little bit too early to say that this is a valid breakdown, but the bias remains bearish in nearest term especially if price able to move consistently below 0.9515 with potential medium term bearish target seen around 0.9260. Immediate resistance is seen around 0.9515. A clear break above that area could lead price to neutral zone in nearest term testing 0.9585 area. My major technical outlook remains neutral.


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