USDCHF Forecast
The USDCHF had a bearish momentum yesterday bottomed at 0.9830. The bias is bearish in nearest term testing 0.9825 key support. A clear break below that area could trigger further bearish pressure testing 0.9780/50 region. Immediate resistance is seen around 0.9865. A clear break above that area could lead price to neutral zone in nearest term but as long as stay below the H1 EMA 200 the overall short-term bias should remain to the downside.

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.