USDCHF Forecast

The USDCHF had indecisive movement yesterday, formed a Doji on daily chart. As you can see on h4 chart below, the pair attempted to push higher but failed to stay consistently above 1.0922 area. Important range to be watched today is 1.0922 – 1.0800. A breakout/breakdown from that range area should give us a clearer direction. A breakout above 1.0922 should trigger further upside momentum towards 1.1022 while a breakdown below 1.0800 should trigger further bearish scenario back towards 1.0620 area.