USDCHF Daily Forecast: May 08

USDCHF Forecast
The USDCHF continued its bullish momentum yesterday slipped above 1.0037 resistance area, topped at 1.0057 but closed a little bit lower at 1.0026. The bias remains bullish in nearest term testing 1.0100 region. Immediate support is seen around 1.0000 and the support/lower line of the bullish channel as you can see on my H1 chart below. A clear break below that area could lead price to neutral zone in nearest term testing 0.9950 region but overall I remain bullish and any downside pullback should be seen as a good opportunity to buy.