USDCHF Forecast
The USDCHF had a bullish momentum yesterday topped at 0.9909 and hit 0.9917 earlier today in Asian session. The bias is bullish in nearest term. Price slipped above the bullish flag as you can see on my H4 chart below suggests a bullish outlook targeting 0.9980 region. Immediate support is seen around 0.9880. A clear break back below that area would at least postpone the bullish scenario testing 0.9850/25 support area.

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.