The USDCHF failed to continue its bullish momentum last week bottomed at 0.9311. This fact interrupts the bullish outlook and turn my overall technical bias to a neutral zone. The bias is bearish in nearest term testing 0.9300 – 0.9250. Immediate resistance is seen around 0.9350. A clear break above that area could lead price to neutral zone in nearest term testing 0.9400/50. I will stand aside for now.
