USDCHF Daily Forecast: March 10 2016
USDCHF Forecast
The USDCHF attempted to push higher yesterday topped at 1.0040 but whipsawed to the downside and closed lower at 0.9971. The bias is neutral in nearest term probably with a little bearish bias testing 0.9900 region. On the upside, 1.0000/35 remains a key resistance and a good place to sell with a tight stop loss as a clear break and daily close above 1.0000/35 could trigger further bullish pressure testing 1.0130 – 1.0250 region
