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USDCHF Daily Forecast: April 07

Thursday, April 6, 2017 18:01
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(Before It's News)

USDCHF Forecast
The USDCHF was indecisive yesterday. The bias is neutral in nearest term. Immediate resistance is seen around 1.0060 which is a good place to sell with a tight stop loss. Immediate support is seen around 1.0025 followed by 0.9990. On the upside, a clear break and daily/weekly close above 1.0060 would continue the bullish phase with nearest target seen at 1.0120. Fundamental focus today will be on the US NFP. Overall I remain neutral.

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Source: http://fxinstructor.com/blog/usdchf-daily-forecast-april-07-7

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