USDCHF Forecast

The USDCHF had a bullish momentum on Friday, but so far still unable to make a clear break above 0.9320. There were some downside pressures earlier today in Asian session hit 0.9219. I still prefer a bullish scenario at this phase but would need a clear break and daily close above 0.9320 to continue the major bullish scenario. On the downside, immediate support remains around 0.9180/50 area. As long as price stays above that area my overall intraday bias remains more to the upside and only a clear break and daily close below that area could trigger further bearish pullback testing 0.9070 even 0.8915 support area.

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