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USDCHF Daily Forecast: April 06
Wednesday, April 5, 2017 18:41
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USDCHF Forecast
The USDCHF had a bullish momentum yesterday topped at 1.0076 but closed lower at 1.0049 and hit 1.0026 earlier today in Asian session. For me this is a false breakout above 1.0060 resistance. The bias is bearish in nearest term testing 0.9990. On the upside, any sustained movement above 1.0060 would expose 1.0120 or higher. Fundamental focus will be on the US NFP on Friday. Overall I remain neutral.
Source: http://fxinstructor.com/blog/usdchf-daily-forecast-april-06-6
