First National Innovation Brokers the daily forecast USDCHF August 9th

USDCHF

The USDCHF was indecisive yesterday but overall still able to maintain its bearish bias. The bias remains bearish in nearest term testing 0.9180 – 0.9130. Immediate resistance is seen around 0.9210. A clear break above that area could lead price to neutral zone in nearest term testing 0.9250. A clear break and weekly close above that area will interrupt the bearish outlook and activate my wait and see mode.