USDCHF Daily Forecast

The USDCHF had a moderate bullish momentum yesterday. On h4 chart below we can see that the pair is moving inside the triangle area indicating consolidation phase. Break from the triangle should give us clearer direction. Immediate resistance at 1.0970. Break above that area should trigger further bullish momentum.  Initial support at 1.0820. CCI about to cross the 100 line up on daily chart suggesting potential upside pressure.