USDCHF Forecast
The USDCHF didn’t make significant movement yesterday. The bias is neutral in nearest term probably with a little bullish bias testing 0.9670 – 0.9700 region. Immediate support is seen around 0.9600. A clear break below that area could trigger further bearish pressure testing 0.9515 area. My major technical outlook remains neutral, so although I still prefer a bearish intraday bias, buying around 0.9515 support area with a tight stop loss seems to be a good idea at this phase.

usdchfh4

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.