USDCHF Forecast

The USDCHF had a moderate bullish momentum yesterday, slipped above 1.0507 but still unable to stay convincingly above that level. The bias remains to the upside but we need a consistent move above 1.0507 area to continue the bullish scenario towards 1.0600 – 1.0700.  Immediate support at 1.0460. Break below that area should trigger further bearish correction testing 1.0350 area.