USDCHF Daily Forecast: May 11 2016
The USDCHF had a bullish momentum yesterday topped at 0.9762. The bias remains bullish in nearest term testing 0.9795. A clear break and daily close above that area could trigger further bullish scenario this week targeting 0.9915 or higher. Immediate support is seen around 0.9700. A clear break below that area could lead price to neutral zone in nearest term testing 0.9645 area. My major technical outlook remains neutral.