USDCHF Forecast
Similar to EURUSD, the USDCHF didn’t make significant movement yesterday with no more than 60 pips movement. I think we are in no trading zone. Price still trapped in range area of 1.0715 – 1.0527 and range trading strategy which is to buy around 1.0527 or to sell around 1.0715 is still the best strategy for now. I prefer a bearish continuation scenario but a valid break below 1.0527 is needed to confirm the bearish scenario. CCI in neutral area both on h4 and daily chart.
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