USDCHF Daily Forecast: February 04

USDCHF Forecast

The USDCHF had a bearish momentum last week bottomed at 0.9021 but corrected higher earlier today hit 0.9096. The bias is neutral in nearest term but as long as stays below 0.9200 I still prefer a bearish scenario at this phase. On the downside, a clear break below 0.9000 could trigger further bearish pressure testing 0.8950/00 or lower.