USDCHF Daily Forecast: June 08

USDCHF Forecast
The USDCHF had a significant bearish momentum yesterday, broke below 0.9825 key support as you can see on my H1 chart below, which suggests a bearish continuation scenario. The bias is bearish in nearest term testing 0.9780/50 region. Immediate resistance is seen around 0.9825. A clear break back above that area could lead price to neutral zone in nearest term testing 0.9865 area but as long as stay below the EMA 200 the overall short-term bias should remain to the downside.