USDCHF Daily Forecast: July 12

USDCHF Forecast
The USDCHF had a bullish momentum yesterday topped at 0.9965. The bias is bullish in nearest term retesting 0.9980 key resistance area which remains a good place to sell with a tight stop loss above 1.0000. Immediate support is seen around 0.9935. A clear break back below that area could lead price to neutral zone in nearest term testing 0.9900 but key support remains at 0.9855 which remains a good place to buy with a tight stop loss. We need a clear break from the range area to see clearer direction.