USDCHF Forecast
The USDCHF didn’t make significant movement yesterday. The bias remains neutral in nearest term. Overall I still prefer a bearish scenario at this phase but need a clear break back below 0.9825 to resume the bearish phase targeting 0.9780/50 or lower. On the upside, 0.9915 remains a key short-term resistance. A clear break and daily close above that area would invalidate the current bearish phase testing 0.9980 region.

FX Instructor Forex Blog – For Traders, By Traders

Leave a Reply