USDCHF Forecast

The USDCHF had a bullish momentum yesterday, topped at 1.0715 and closed at 1.0863. On h1 chart below we can see that after made a breakout to the upside of range area the pair had a bullish momentum, forming a new bullish channel. The bias is bullish in nearest term targeting 1.0750  and test the trendline resistance area. CCI just cross the 100 line down on h1 chart so watch out for potential downside pressure testing 1.0640. Break below that area should lead us into no trading zone.