USDCHF Daily Forecast: June 07 2016
The USDCHF continued its bearish momentum yesterday bottomed at 0.9681. The bias remains bearish in nearest term especially if price able to make a clear break below 0.9670 targeting 0.9600 before targeting 0.9470 this week. Immediate resistance is seen around 0.9775/95. A clear break above that area could lead price to neutral zone in nearest term as direction would become unclear.