USDCHF Forecast

The USDCHF continued its bullish momentum yesterday, topped at 0.9701 and closed at 0.9692. The bias remains bullish in nearest term targeting 0.9782 – 0.9800 before testing 1.0000. Immediate support at 0.9660. Break below that area could lead us to neutral zone in nearest term testing 0.9600 but overall we are still in strong bullish outlook and I still prefer a bullish scenario at this phase.

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