The USDCHF continued its bullish momentum yesterday topped at 1.0343 but closed a little bit lower at 1.0298. The bias remains bullish in nearest term testing 1.0400 region. Immediate support is seen around 1.0260.
A clear break below that area could lead price to neutral zone in nearest term testing 1.0200 region.
The USDCHF attempted to push lower last week bottomed at 1.0083 but whipsawed to the upside and closed higher at 1.0265 after slipped above 1.0325 resistance. As you can see on my H1 chart below, price is moving inside a minor bearish channel suggests a potential short term bearish bias testing 1.0200 area. Immediate resistance is seen around 1.0300.
A clear break above that area could trigger further bullish pressure testing 1.0350 or higher.
The USDCHF was indecisive yesterday. As you can see on my H1 chart below, price slipped above the minor bearish channel suggests a potential bullish outlook. The bias is neutral in nearest term probably with a little bullish bias testing 1.0325/50 area.
Immediate support is seen around 1.0250 followed by 1.0200.
The USDCHF was indecisive yesterday. Price attempted to push higher after broke above the bearish channel as you can see on my H1 chart below, topped at 1.0320 but closed a little bit lower at 1.0286. The bias is neutral in nearest term. Immediate support is seen around 1.0270. A clear break below that area could trigger further bearish pressure testing 1.0200 region. Immediate resistance is seen around 1.0325.
A clear break and daily close above that area would expose 1.0400 or higher.
The USDCHF had another indecisive movement yesterday. The bias remains neutral in nearest term probably with a little bearish bias testing 1.0200 and the trend line support area as you can see on my H1 chart below which is a good place to buy with a tight stop loss. Immediate resistance is seen around 1.0280.
A clear break above that area could trigger further bullish pressure retesting 1.0325 resistance area.
The USDCHF had another indecisive movement yesterday. The bias remains neutral in nearest term. Immediate support is seen around 1.0200 and the trend line support as you can see on my H1 chart below, which is a good place to buy with a tight stop loss. Immediate resistance is seen around 1.0280.
A clear break above that area could trigger further bullish pressure retesting 1.0325 resistance area.
The USDCHF was indecisive last week formed a Doji on weekly chart. The bias is neutral in nearest term. Immediate support is seen around 1.0200. A clear break and daily close below that area would expose 1.0100 – 1.0080 support area. Immediate resistance is seen around 1.0280.
A clear break above that area could trigger further bullish pressure testing 1.0325 key resistance.
The USDCHF was indecisive yesterday. The bias is neutral in nearest term. Immediate support is seen around 1.0235 – 1.0200. A clear break and daily close below that area could trigger further bearish pressure testing 1.0100 area. Immediate resistance is seen around 1.0325.
A clear break and daily close above that area could trigger further bullish pressure testing 1.0400 or higher.
The USDCHF had another indecisive movement yesterday. The bias remains neutral in nearest term. Immediate support is seen around the H1 EMA 200 and the trend line support as you can see on my H1 chart below, located around 1.0250. A clear break below that area could trigger further bearish pressure testing 1.0200 or lower. Immediate resistance is seen around 1.0325.
A clear break and daily close above that area would expose 1.0400 or higher.
The USDCHF had a strong bearish momentum earlier today after broke below the trend line support as you can see on my H1 chart below, bottomed at 1.0056 but traded higher at the time I wrote this comment around 1.0200 area in a “strange” and high volatile market. The bias is neutral in nearest term and I will stand aside for now. Immediate support is seen around 1.0150 followed by 1.0080.
Immediate resistance is seen around 1.0250 followed by 1.0325.
