USDCHF Daily Forecast: January 19 2016

USDCHF Forecast

The USDCHF was indecisive yesterday but overall still able to maintain its bullish outlook so far. The bias remains neutral in nearest term probably with a little bullish bias retesting 1.0120 key resistance which need to be clearly broken to the upside to continue the bullish scenario. Immediate support is seen around 1.0000 followed by 0.9950 but key support remains around the trend line support as you can see on my H4 chart below.