USDCHF Forecast

The USDCHF continued it’s moderate bullish correction yesterday. On h4 chart below we still have a valid bullish channel indicating bullish correction is still intact but the pair so far still able to stay below 1.0380. A break above 1.0380 should be seen as a potential threat to the current bearish outlook and could trigger further bullish momentum testing 1.0527. Immediate support at 1.0250. Break below that area should trigger further bearish momentum.