USDCHF Daily Forecast: February 28

(Before It's News)

USDCHF Forecast
The USDCHF was indecisive yesterday. The bias is neutral in nearest term. As you can see on my H4 chart below price is moving inside a bullish channel suggests a bullish phase. Immediate support is seen around 1.0050. A clear break below that area could trigger further bearish pressure testing 1.0000 area. Immediate resistance is seen around 1.0140. A clear break and daily close above that area would expose 1.0200 or higher. Overall I remain neutral.

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