USDCHF Daily Forecast: March 20

(Before It's News)

USDCHF Forecast
The USDCHF had a bearish momentum last week bottomed at 0.9942 after broke below the bullish channel as you can see on my H4 chart below. The bias is bearish in nearest term testing 0.9870. Immediate resistance is seen around 1.0000. A clear break above that area could lead price to neutral zone in nearest term testing 1.0050 area. Overall I remain neutral.

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