USDCHF Forecast

The USDCHF made another indecisive movement yesterday, made another Doji on daily chart. The bias is neutral in nearest term. As you can see on my daily chart below, after a strong bearish move from 0.9773 price is now consolidating in a rectangle/range area between 0.9330 – 0.9233 and need a clear break from either side to see clearer direction. I personally still prefer a bearish scenario but would need a clear break below 0.9233 to reactivate my bearish mode targeting 0.9100 – 0.9000.

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