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USDCHF Daily Forecast: March 09

Wednesday, March 8, 2017 18:17
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(Before It's News)

USDCHF Forecast
The USDCHF didn’t make significant movement yesterday. The bias remains neutral in nearest term. Immediate support is seen around the lower line of the bullish channel and 1.0070 area which is a good place to buy with a tight stop loss as a clear break below the bullish channel would end the current bullish phase testing 1.0000 region or lower. On the upside, 1.0200 remains a key resistance and good place to sell with a tight stop loss. Overall I remain neutral.

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Source: http://fxinstructor.com/blog/usdchf-daily-forecast-march-09-6

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