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USDCHF Daily Forecast: April 12

Tuesday, April 11, 2017 18:25
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(Before It's News)

USDCHF Forecast
The USDCHF had another indecisive movement yesterday. The bias remains neutral in nearest term but price is still in a bullish phase with key support seen at 1.0060 – 1.0020 region targeting 1.0170 area. A clear break back below 1.0020 (H4 EMA 200) would interrupt the bullish phase started from 0.9813. On the upside, a clear break and daily close above 1.0170 would expose 1.0250 or higher. Overall I remain neutral.


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