USDCHF Daily Forecast: May 12 2016
USDCHF Forecast
The USDCHF failed to continue its bullish momentum yesterday bottomed at 0.9698. The bias is bearish in nearest term testing 0.9650. Immediate resistance is seen around 0.9750. A clear break above that area could lead price to neutral zone in nearest term but key resistance remains around 0.9795. My major technical outlook remains neutral.
