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USDCHF Daily Forecast: February 24
Thursday, February 23, 2017 21:10
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USDCHF Forecast
The USDCHF had a bearish momentum yesterday bottomed at 1.0053. The bias is bearish in nearest term testing 1.0000 and the lower line of my bullish channel as you can see on my H4 chart below which is a good place to buy with a tight stop loss. Immediate resistance is seen around 1.0080. A clear break above that area could lead price to neutral zone in nearest term retesting 1.0140 area. Overall I remain neutral.
Source: http://fxinstructor.com/blog/usdchf-daily-forecast-february-24-7
