USDCHF Forecast
The USDCHF had a bearish momentum yesterday bottomed at 0.9639 and now struggling around 0.9660. The bias is bearish in nearest term especially if price able to make a clear break and consistent movement below 0.9660 testing 0.9600 area or lower. Immediate resistance is seen around 0.9700. A clear break above that area could lead price to neutral zone in nearest term retesting 0.9740 and keep price in range area as you can see on my H1 chart below. Overall I remain neutral.


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.