First National Innovation Brokers the daily forecast USDCHF August 8th

USDCHF

The USDCHF had a bearish momentum yesterday and hit 0.9204 earlier today. The bias is bearish in nearest term testing 0.9180 and 0.9130 (June low). Immediate resistance is seen around 0.9230/50. A clear break above that area could lead price to neutral zone in nearest term but any upside pullback now is normal and only a clear break above 0.9300 could interrupt the current bearish outlook.