The Usdchf attempted to push lower yesterday bottomed at 0.9929 but whipsawed to the upside and closed higher at 1.0016. The bias is bullish in nearest term testing 1.0100. Immediate support is seen around 0.9970. A clear break below that area could lead price to neutral zone in nearest term testing 0.9929 or lower. Overall I remain neutral.
This post first appeared on FX Instructor Forex Blog - For Traders, By Traders, please read the originial post: here