USDCHF Forecast

The USDCHF had a moderate bullish momentum yesterday. The bias remains bullish in nearest term testing 0.8945. Immediate support is seen around 0.8800. A clear break below that area could lead price to neutral zone in nearest term testing 0.8750/25 area but my major bullish outlook should remain intact as long as price stays above 0.8550 and any downside pullback now is normal. On the upside, a clear break and daily close above 0.8945 could continue the major bullish scenario testing 0.9320 area.

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