USDCHF Daily Forecast: February 18 2016

The USDCHF had a bullish momentum yesterday topped at 0.9941. The bias is bullish in nearest term testing 0.9985 which remains s good place to sell with a tight stop loss. Immediate support is seen around 0.9900. A clear break below that area could lead price to neutral zone in nearest term testing 0.9850 or lower. Overall I still prefer a bearish scenario.