USDCHF Daily Forecast: March 05

(Before It's News)

USDCHF Forecast
The USDCHF was indecisive yesterday. Price attempted to push higher, topped at 0.9681 but closed lower at 0.9628 and traded around 0.9650 at the time I wrote this comment. The bias remains bullish in nearest term testing 0.9700. A clear break and daily close above that area could trigger further bullish pressure testing 0.9800. Immediate support is seen around 0.9600. A clear break below that area could lead price to neutral zone in nearest term but any downside pullback now is normal and should be seen as a good opportunity to buy.

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