USDCHF Daily Forecast: March 03 2016

The USDCHF had another indecisive movement yesterday. The bias remains neutral in nearest term probably with a little bearish bias testing 0.9880 – 0.9820 support area. On the upside, 1.0000 remains a key resistance. A clear break and daily close above that area would be a threat to the bearish scenario testing 1.0125 – 1.0250 region. Fundamental focus will be on the US NFP tomorrow.