USDCHF Daily Forecast: November 02

USDCHF Forecast

The USDCHF had a bullish momentum earlier today hit 0.9379. The bias is bullish in nearest term but as long as stays below 0.9420/35 I still prefer to sell on rallies. Immediate support is seen around 0.9340. A clear break below that area could lead price to neutral zone in nearest term testing 0.9300. On the upside, a clear break and daily close above 0.9420/35 will postpone my bearish outlook and activate my bullish intraday mode.