USDCHF Forecast
The USDCHF had another indecisive movement yesterday but slipped below 0.9880 support area as you can see on my H1 chart below. The bias remains neutral in nearest term probably with a little bearish bias testing 0.9800 – 0.9785 support area. Immediate resistance is seen around 0.9925. A clear break above that area could trigger further bullish pressure testing 1.0035 which remains a good place to sell with a tight stop loss. My major technical outlook is neutral.

usdchfhourly

FX Instructor Forex Blog – For Traders, By Traders

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.