USDCHF Forecast

The USDCHF had a significant movement on Friday, break below 1.0640 support area. This fact could trigger further bearish correction targeting 1.0507 area but as long as price still move inside the bullish channel the major bullish scenario remains intact and any downside movement should be seen as a corrective movement. Another move back above 1.0640 area could diminish the bearish correction scenario testing 1.0888 area once again.