USDCHF Daily Forecast: February 11

USDCHF Forecast

The USDCHF was corrected higher last week topped at 0.9200. The bias is neutral in nearest term. Overall I still prefer a bearish scenario. Key intraday resistance is seen around 0.9200. A clear break and daily close above that area could trigger further bullish pressure testing 0.9250 or higher. Immediate support is seen around 0.9150. A clear break below that area could trigger further bearish pressure testing 0.9100 or lower.