USDCHF Forecast

The USDCHF didn’t make significant movement yesterday but overall still able to maintain its strong bearish intraday outlook and stays below 0.8555 so far. The bias remains bearish in nearest term especially if price able to make a clear break below 0.8460 still targeting 0.8400 – 0.8350. On the upside, a clear break above 0.8555 would lead us to neutral zone in nearest term but as long as price stays below 0.8670 – 0.8710 my intraday bias remains strongly to the downside.

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