USDCHF Daily Forecast: August 13

USDCHF Forecast

The USDCHF was indecisive on Friday but overall still able to maintain its bullish intraday bias. There are no changes in my technical outlook. The bias remains bullish in nearest term especially if price able to make a clear break above 0.9800 testing 0.9900 or higher. Immediate support is seen around 0.9750. A clear break below that area could lead price to neutral zone in nearest term and keep the bearish correction phase remains intact testing 0.9700 or lower.

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