[m.youssif]

USDCHF Forecast
The USDCHF continued its bearish consolidation yesterday, but still move above the triangle. Price still trapped in range area of 1.0000 - 0.9850 and need a break on either side to see clearer direction. We need a clear break above 1.0000 to continue the bullish scenario testing 1.0182. On the other hand, break below 0.9850 could diminish the bullish outlook testing 0.9800 – 0.9750. I will stand a side for now and see further development.

[m.youssif]

USDCHF Forecast
The USDCHF continued its bearish consolidation yesterday, but still move above the triangle. Price still trapped in range area of 1.0000 - 0.9850 and need a break on either side to see clearer direction. We need a clear break above 1.0000 to continue the bullish scenario testing 1.0182. On the other hand, break below 0.9850 could diminish the bullish outlook testing 0.9800 – 0.9750. I will stand a side for now and see further development.