USDCHF Forecast
The USDCHF had a bullish momentum last week topped at 0.9842 but closed a little bit lower at 0.9779. The bias is bullish in nearest term but 0.9820 area remains a good and reasonable place to sell with ideal stop loss above 0.9900 region. Immediate support is seen around 0.9740. A clear break below that area could lead price to neutral zone in nearest term testing 0.9700 region. Potential daily range today is seen between 0.9700 – 0.9850. My overall technical outlook remains neutral.


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