USDCHF Daily Forecast: May 11 2016

USDCHF Daily Forecast: May 11 2016

11 May 2016, 06:30
Roberto Jacobs
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USDCHF Daily Forecast: May 11 2016

USDCHF Forecast

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.

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