[m.youssif]

USDCHF Forecast
The USDCHF regained its bullish momentum yesterday, topped at 0.9691 and closed at 0.9680. The bias is bullish in nearest term testing 0.9750. Immediate support at 0.9650. Break below that area could trigger further bearish pressure testing 0.9570/50 support area. As long as price moves inside the bullish channel we are still in bullish phase but broad Dollar volatility without clear direction this week could be an obstacle to the bullish run.

[m.youssif]

USDCHF Forecast
The USDCHF regained its bullish momentum yesterday, topped at 0.9691 and closed at 0.9680. The bias is bullish in nearest term testing 0.9750. Immediate support at 0.9650. Break below that area could trigger further bearish pressure testing 0.9570/50 support area. As long as price moves inside the bullish channel we are still in bullish phase but broad Dollar volatility without clear direction this week could be an obstacle to the bullish run.