The USDCHF was indecisive yesterday. The bias remains bearish in nearest term as a part of the bearish scenario after broke below the bullish channel as you can see on my H1 chart below, testing 0.9600 – 0.9540 area which remains a good place to buy.
Immediate resistance is seen around 0.9740. A clear break above that area could lead price to neutral zone in nearest term testing 0.9800 region. My major technical outlook remains neutral.
The USDCHF attempted to push lower yesterday bottomed at 0.9649 but closed higher at 0.9724. The bias is neutral in nearest term probably with a little bullish bias testing 0.9770 resistance area.
Immediate support is seen around 0.9700. A clear break below that area could trigger further bearish pressure testing 0.9650 or lower. My major technical outlook remains neutral.
The USDCHF attempted to push lower last week bottomed at 0.9649 but closed higher at 0.9754. The bias is bullish in nearest term testing the lower line of the (violated)bullish channel as you can see on my H1 chart below located around 0.9800 region.
Immediate support is seen around 0.9710. A clear break below that area could lead price to neutral zone in nearest term testing 0.9650 area. My major technical outlook remains neutral.
The USDCHF was indecisive yesterday. The bias is neutral in nearest term. Immediate resistance is seen around 0.9750. A clear break above that area could trigger further bullish pressure testing 0.9800 or higher.
Immediate support is seen around 0.9690. A clear break below that area could trigger further bearish pressure testing 0.9650 or lower. My major technical outlook remains neutral.
The USDCHF had a bullish momentum yesterday topped at 0.9784. The bias is bullish in nearest term especially if price able to make a clear break and consistent movement above 0.9780 testing 0.9850 – 0.9900 region which is a good place to sell.
Immediate support is seen around 0.9740. A clear break below that area could lead price to neutral zone in nearest term testing 0.9690 region. Overall I remain neutral.
The USDCHF was indecisive yesterday. The bias is neutral in nearest term. As you can see on my H1 chart below price is moving inside a range area of 0.9780 – 0.9690. We need a clear break from that range area to see clearer direction.
A clear break above 0.9780 would expose 0.9850 region. On the other hand, a clear break below 0.9690 could trigger further bearish pressure testing 0.9600 region. My major technical outlook remains neutral.
The USDCHF had another indecisive movement yesterday. The bias remains neutral in nearest term. Price is still moving sideways between 0.9780 – 0.9690 as you can see on my H1 chart below and we need a clear break from that range area to see clearer direction. A clear break above 0.9780 would expose 0.9850 region.
On the other hand, a clear break below 0.9690 could trigger further bearish pressure testing 0.9600 area. My major technical outlook remains neutral.
The USDCHF had a bullish momentum last week broke above 0.9780 as you can see on my H1 chart below. The bias is bullish in nearest term testing 0.9850 – 0.9900 region which is a good place to sell.
Immediate support is seen around 0.9780. A clear break back below that area could lead price to neutral zone in nearest term testing 0.9750 – 0.9700 region. My major technical outlook remains neutral.
The USDCHF was indecisive yesterday. The bias remains bullish in nearest term testing 0.9850 – 0.9900 region which remains a good place to sell.
Immediate support is seen around 0.9780. A clear break below that area could lead price to neutral zone in nearest term testing 0.9750 – 0.9700 region. My major technical outlook remains neutral.
The USDCHF had a bearish momentum yesterday bottomed at 0.9720 and now struggling around the lower line of a bullish channel as you can see on my H1 chart below. The bias is bearish in nearest term testing 0.9690. A clear break and daily close below that area would expose 0.9600 region.
Immediate resistance is seen around 0.9770. A clear break above that area could lead price to neutral zone in nearest term testing 0.9820 region. My major technical outlook remains neutral.
