USDCHF Daily Forecast: May 28

USDCHF Forecast
The USDCHF had a bearish momentum last week bottomed at 0.9885. The bias remains bearish in nearest term testing 0.9900 – 0.9870 key support area. A clear break below 0.9870 would expose 0.9800 region. Immediate resistance is seen around 0.9950. A clear break above that area could lead price to neutral zone in nearest term testing 0.9980 but key resistance remains at 1.0055 which need to be clearly broken to the upside to reactivate my bullish mode.