USDCHF Daily Forecast: July 04

USDCHF Forecast
The USDCHF was indecisive yesterday. The bias is neutral in nearest term. Price has been moving back and forth between 0.9980 – 0.9855 from June 14 as you can see on my H1 chart below suggests a consolidation phase. We need a clear break from that range area to see clearer direction. Aggressive traders can sell around 0.9980 or buy around 0.9855 with a tight stop loss, taking advantage of this choppy market. I think it’s better to stand aside and do nothing with this pair for now.