USDCHF Forecast
The USDCHF was indecisive yesterday. The bias is neutral in nearest term but overall price is still in a valid bullish phase since broke above the bearish channel as you can see on my H4 chart below. Immediate support is seen around 0.9870. A clear break below that area could trigger further bearish pressure testing 0.9825 region. Immediate resistance is seen around 0.9955. A clear break and daily close above that area would expose 1.0055 region.


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.