USDCHF Forecast

The USDCHF attempted to push higher yesterday but found a good intraday resistance around 0.8381 as you can see on my h4 chart below. The bias is neutral in nearest term but still within a context of a strong bearish outlook especially if price able to make a clear break below 0.8330 testing 0.8250 – 0.8200 support area. On the upside, a clear break above 0.8381 could trigger further upside pullback testing 0.8460 but as long as price stays below 0.8555 I still prefer a bearish scenario.

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