USDCHF Forecast

The USDCHF had a significant bearish momentum yesterday, broke below two important supports, the trend line support and 0.9180/50 support area as you can see on my h4 chart below and hit 0.9001. This fact turned my intraday bias to a bearish outlook targeting 0.8915 area. Immediate resistance is seen around 0.9075 (former support). A clear break back above that area could lead price to neutral zone in nearest term. My major bullish outlook should remain intact but need at least a clear break back above 0.9180/50 to keep the bullish scenario strong. Right now price is a bearish correction phase.

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