[m.youssif]

USDCHF Forecast
The USDCHF continued its bullish momentum yesterday, topped at 0.9881 and closed at 0.9845. The bias is bullish in nearest term especially if price make another break above 0.9881 targeting 1.0000. Immediate support at 0.9800 – 0.9750. Break below that area could trigger further bearish pullback testing the lower line of the bullish channel but as long as price move inside the bullish channel we are still in bullish phase.

[m.youssif]

USDCHF Forecast
The USDCHF continued its bullish momentum yesterday, topped at 0.9881 and closed at 0.9845. The bias is bullish in nearest term especially if price make another break above 0.9881 targeting 1.0000. Immediate support at 0.9800 – 0.9750. Break below that area could trigger further bearish pullback testing the lower line of the bullish channel but as long as price move inside the bullish channel we are still in bullish phase.