USDCHF Daily Forecast: May 23

USDCHF Forecast
The USDCHF had a significant bearish momentum yesterday, broke below the range area as you can see on my H1 chart below. The bias is bearish in nearest term testing 0.9900 – 0.9870 support area. Immediate resistance is seen around 0.9960/80 area. A clear break back above that area could lead price to neutral zone in nearest term testing 1.0015 area but key resistance remains at 1.0055 which need to be clearly broken to the upside to resume the bullish trend and reactivate my bullish mode.