USDCHF Daily Forecast: August 03

USDCHF Forecast
The USDCHF continued its bullish momentum yesterday topped at 0.9956 and hit 0.9960 earlier today in Asian session. The bias remains bullish in nearest term testing 0.9980 – 1.0000 but key resistance remains around 1.0055 region. Immediate support is seen around 0.9935. A clear break below that area could lead price to neutral zone in nearest term testing 0.9900 area. Overall price is still trapped inside a range area between 1.0055 – 0.9785 and we need a clear break from that range area to see clearer direction. Fundamental focus today will be on the US NFP.