USDCHF Daily Forecast: February 16

The USDCHF had a bullish momentum yesterday topped at 0.9889. The bias remains bullish in nearest term testing 0.9985 which is a good place to sell. Immediate support is seen around 0.9850. A clear break below that area could lead price to neutral zone in nearest term testing 0.9800. Overall I remain bearish and only a clear break above 0.9985 would interrupt the bearish outlook.