USDCHF Forecast

The USDCHF failed to continue its bullish scenario yesterday. On h4 chart below we can see that price break above the triangle but whipsaw to the downside and now back in the triangle area indicating a false breakout which could trigger some bearish pressure. The bias is neutral in nearest term and I think we are in no trading zone but the main outlook should remain bullish. Immediate support at 1.0750 – 1.0700 area. Break below that area should trigger further bearish correction testing 1.0600 region.