USDCHF Daily Forecast: February 18

USDCHF Forecast

The USDCHF continued its bullish momentum last week and hit 0.9257 earlier today. The bias is bullish in nearest term testing 0.9300/50. Immediate support is seen around 0.9200. A clear break below that area could lead price to neutral zone in nearest term. I still prefer a bearish scenario but need a clear break and daily close at least below 0.9150 to keep the bearish scenario remains strong.