USDCHF Forecast
The USDCHF was corrected higher yesterday topped at 0.9990. The bias is bullish in nearest term testing 1.0020 key resistance and the trend line resistance as you can see o my H4 chart below, which is a good place to sell with a tight stop loss. Immediate support is seen around 0.9950. A clear break below that area could lead price to neutral zone in nearest term testing 0.9900 or lower. Overall I remain neutral.

usdchfh4

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William K. Gilday is a professional Forex expert working full time for FX Instructor educational portal. William is a Forex Trader from 2006 when he started trading part-time. In 2008 he retired from a fantastic 27 year career in Fire Rescue and moved to Thailand, where he fully dedicated himself to trading. He is an analyst at FXinstructor.com

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