USDCHF Daily Forecast: January 25

USDCHF Forecast

The USDCHF had a bullish momentum last week topped at 1.0165. The bias is bullish in nearest term testing 1.0220 before targeting 1.0325. Immediate support is seen around 1.0120. A clear break below that area could lead price to neutral zone in nearest term testing 1.0070 or lower but as long as stays above the trend line support I still prefer a bullish scenario at this phase and any downside pullback should be seen as a good opportunity to buy.