USDCHF Daily Forecast: July 04 2016
The USDCHF attempted to push higher last week topped at 0.9836 but whipsawed to the downside and closed lower at 0.9726. The bias is bearish in nearest term testing 0.9670. A clear break and daily close below that area could trigger further bearish pressure testing 0.9570. On the upside, key resistance remains around 0.9800. A clear break and daily close above that area could trigger further bullish pressure testing 1.0000 area.