USDCHF Daily Forecast: January 03

USDCHF Forecast
The USDCHF continued its bearish momentum yesterday bottomed at 0.9699. The bias remains bearish in nearest term especially if price able to make a clear break below 0.9700 testing 0.9590 area. Immediate resistance is seen around 0.9750. A clear break above that area could lead price to neutral zone in nearest term but as long as stay below 0.9818 I still prefer a bearish scenario at this phase and any upside pullback should be seen as a good opportunity to sell. Overall I remain neutral.