USDCHF Daily Forecast: May 13 2016
The USDCHF was indecisive yesterday. The bias is neutral in nearest term probably with a little bullish bias testing 0.9795 key resistance. Immediate support is seen around 0.9650 followed by 0.9570. On the upside, a clear break and daily/weekly close above 0.9795 could trigger further bullish scenario next week testing 1.0000 region. My major technical outlook remains neutral.