USDCHF Daily Forecast: March 09 2016

The USDCHF had another indecisive movement yesterday. The bias is neutral in nearest term probably with a little bullish bias testing 1.0000/35 which remains a good place to sell with a tight stop loss targeting 0.9820 area. On the upside, a clear break and daily close above 1.0000/35 could trigger further bullish pressure testing 1.0130 – 1.0250 region.