USDCHF Forecast

The USDCHF made another indecisive movement yesterday. The bias remains neutral in nearest term and there are no changes in my daily technical outlook. Price still consolidate in range area of 0.9550 – 0.9800 and need a clear break on either side to see clearer direction. Aggressive intra-day traders may long around 0.9550 or short around 0.9800 with tight stop loss. I personally still prefer a bullish scenario and expecting a nice breakout above 0.9800 targeting 1.0000 this week.

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