USDCHF Forecast
The USDCHF failed to continue its bullish momentum yesterday bottomed at 0.9558. The bias is bearish in nearest term testing 0.9540. Immediate resistance is seen around 0.9600. A clear break above that area could lead price to neutral zone in nearest term testing 0.9650 – 0.9700 region. CCI just crossed above -100 line on H1 chart suggests a potential bullish pullback. Potential daily range today remains between 0.9540 – 0.9700.
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The USDCHF failed to continue its bullish momentum yesterday bottomed at 0.9558. The bias is bearish in nearest term testing 0.9540. Immediate resistance is seen around 0.9600. A clear break above that area could lead price to neutral zone in nearest term testing 0.9650 – 0.9700 region. CCI just crossed above -100 line on H1 chart suggests a potential bullish pullback. Potential daily range today remains between 0.9540 – 0.9700.
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USDCHF Daily Forecast: July 22
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