USDCHF Daily Forecast: May 13

By @ibtimes on

USDCHF Forecast

The USDCHF was indecisive yesterday made a Doji on daily chart. The bullish correction scenario was paused after unable to make a clear break above 0.8900 as you can see on my h4 chart below. The bias is neutral in nearest term. Price is still in a bullish correction phase but need a clear break above 0.8900 to continue the bullish pressure testing 0.9000. Immediate support remains around 0.8779. A clear break below that area could be a threat to the current bullish correction outlook testing 0.8555 key support area.

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