USDCHF Forecast

The USDCHF still trapped in range area of 1.0143 – 1.0213 yesterday. This fact should keep is in no trading zone and need a clear break from the range area to see clearer direction. Break below 1.0143 should trigger further bearish momentum targeting 0.9917 while break above 1.0213 should be seen as potential threat to the bearish scenario testing 1.0280 area. Break above 1.0280 should be seen as bearish failure testing 1.0500 area.