The USDCHF was indecisive yesterday. Price attempted to push higher, slipped above 1.0000 but closed lower back below 1.0000.
The bias is neutral in nearest term probably with a little bearish bias as we may have a false breakout bearish scenario testing 0.9880 – 0.9820 area. On the upside, 1.0000 remains a key resistance. A clear break and consistent movement above that area would be a threat to the bearish scenario testing 1.0125 – 1.0250 region.
USDCHF Daily Forecast
Origin: FXOpen
