USDCHF Forecast
The USDCHF had a bullish momentum last week topped at 0.9909. The bias is bullish in nearest term but as you can see on my H4 chart below price is in my “sell zone” with a tight stop loss above 0.9950. Immediate support is seen around 0.9880/50. A clear break below that area could lead price to neutral zone in nearest term testing 0.9800 or lower. Overall I remain neutral.

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.