USDCHF Daily Forecast: April 06

(Before It's News)

USDCHF Forecast
The USDCHF attempted to push higher last week topped at 0.9755 but whipsawed to the downside and closed lower at 0.9514 on Friday after a worse than expected US NFP number. The bias is bearish in nearest term especially if price able to make a clear break below 0.9490 testing 0.9380 area. Immediate resistance is seen around 0.9560. A clear break above that area could lead price to neutral zone in nearest term testing 0.9600 area.

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