$USDCHF Update

The downside momentum diminished as USDCHF found support near neckline and holds above 0.93 at the moment. I expect price action ranging between 0.9300 and 0.9400 for tomorrow and breakout at the end of the week. Break above 0.9400 will bring uptrend scenario back in focus. On the other hand,  I expect USD sell-off targeting 0.9100.

$USDCHF DAILY CHART

$USDCHF 1-HOUR CHART