USDCHF Forecast

The USDCHF bearish momentum was paused yesterday. On h4 chart below we can see that the pair is moving in sideways area indicating consolidation after significant bearish momentum. I think this is normal and I am expecting bearish continuation soon. The bias is neutral in nearest term but consistent movement below 1.0589 should trigger further bearish momentum with 1.0364 remains as potential downside medium target. Immediate resistance remains at 1.0670. Break above that area could trigger further upside correction towards 1.0750.