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USDCHF Daily Forecast: March 10

Thursday, March 9, 2017 17:41
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(Before It's News)

USDCHF Forecast
The USDCHF attempted to push lower yesterday bottomed at 1.0091 but closed a little bit higher at 1.0121 after touched the lower line of my bullish channel as you can see on my H4 chart below. The bias is neutral in nearest term. Immediate support is seen around 1.0090. A clear break below that area would expose 1.0050 – 1.0000 region. Immediate resistance is seen around 1.0150 followed by 1.0200. Fundamental focus will be on the US NFP number. Overall I remain neutral.

usdchfh4



Source: http://fxinstructor.com/blog/usdchf-daily-forecast-march-10-6

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