USDCHF Daily Forecast: May 30

USDCHF Forecast
The USDCHF was volatile but indecisive yesterday. Price slipped below 0.9870 support area but closed higher at 0.9912. What a stubborn support! The bias remains neutral in nearest term but as long as stay below 0.9980 the bearish pressure should remain high retesting 0.9870 which need to be clearly broken to the downside to resume the bearish phase targeting 0.9800 or lower. On the upside, 0.9980 area remains a key short-term resistance. A clear break above that area would retest 1.0055 key resistance which need to be clearly broken to the upside to reactivate my bullish mode.