USDCHF Forecast

The USDCHF failed to continue its bearish correction momentum yesterday, topped at 1.0797 and closed at 1.0780. This fact should be seen as a serious threat to the bearish correction scenario especially if price able to move consistently above 1.0826/50 area, targeting 1.1000. Immediate support at 1.0750. Break below that area should lead us into no trading zone as direction would become unclear.