USDCHF Forecast

The USDCHF didn’t make significant movement yesterday, but pushed lower earlier today slipped below 0.9100. There are no changes in my technical outlook. The bias remains bearish in nearest term testing 0.9050. A clear break below that area could continue the bearish scenario since the failure to break above 0.9600 at least testing 0.8950 area. Immediate resistance remains around 0.9150. A clear break above that area could lead price to neutral zone in nearest term and keep price in the range area a little bit longer but as long as stays below 0.9320 I still prefer a bearish intraday scenario at this phase.

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