USDCHF Daily Forecast

The USDCHF had a bearish momentum yesterday. On h4 chart below we can see that the the triangle was broken to the downside indicating bearish outlook. The bias is bearish in nearest term targeting 1.0650. Immediate resistance is seen at 1.0770. Break above that area should take us back into no trading zone. CCI just cross he -100 line down on daily chart suggesting potential downside pressure.