USDCHF Forecast

The USDCHF was indecisive yesterday, made a Doji on daily chart. On daily chart below we can see price attempted to push higher but found a good resistance at the upper line of the falling wedge. The bias is neutral in nearest term but we are still in bullish correction phase. A clear break above the wedge and consistent move above 0.9600 could be the early signal of a bullish reversal scenario targeting 0.9700 and 0.9800 area even higher. Immediate support remains at 0.9529. Break below that area could trigger further bearish pressure testing 0.9440/50 support area

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