USDCHF Forecast

The USDCHF had a bullish momentum on Friday, topped at 1.0641 and closed at 1.0604. This fact should keep the bullish scenario intact targeting at least 1.0700 before aim for 1.0930 – 1.1000 area. However CCI just cross the 100 line down on h1 chart suggesting potential downside correction testing 1.0580 area. Break below that area should lead us into no trading zone but as long as price stay above 1.0507 I still prefer a bullish scenario.