USD/CHF Daily Forecast: July 15 

usdchf

USD/CHF Forecast

The USD/CHF was indecisive yesterday. Price attempted to push lower,slipped below 0.8905 but unable to stay consistently below that area so far. The bias remains neutral in nearest term. Important intraday range to be closely watched remains between 0.8955 – 0.8905. A clear break above 0.8955 could trigger further bullish pressure testing 0.9000 key resistance area. On the other hand, a clear break below 0.8905 could trigger further bearish pressure testing 0.8855. My major technical outlook remains neutral.

 

Source: fxopen

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