USDCHF Forecast

The USDCHF was able to maintain its bullish bias yesterday hit 0.9538. The bias remains bullish in nearest term testing 0.9600 – 0.9700 area.  Immediate support is seen around 0.9500 – 0.9475. A clear break below that area could lead price to neutral zone in nearest term testing 0.9400 but any downside pullback now is normal and as long as stay above 0.9320 I still prefer a bullish intraday scenario at this phase with buy on dips strategy.

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