USDCHF Forecast
The USDCHF continued its bearish momentum last week bottomed at 0.9542 but traded a little bit higher earlier today in Asian session hit 0.9597. The bias is neutral in nearest term but overall I remain bearish. Immediate resistance is seen around 0.9600. A clear break above that area could trigger further bullish pullback testing 0.9635 or higher. Immediate support is seen around 0.9535. A clear break and daily close below that area would expose 0.9465 area or lower.


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.