USDCHF Daily Forecast: July 10

USDCHF Forecast
The USDCHF attempted to push lower yesterday bottomed at 0.9857 but whipsawed to the upside and closed higher at 0.9914. The bias is bullish in nearest term testing 0.9950 but key resistance remains at 0.9980 region which is a good place to sell with a tight stop loss. Immediate support is seen around 0.9890. A clear break below that area could lead price to neutral zone in nearest term retesting 0.9855 support area which remains a good place to buy with a tight stop loss.