USDCHF Daily Forecast: March 14 2016
USDCHF Forecast
The USDCHF attempted to push higher last week topped at 1.0092 but whipsawed to the downside and closed lower at 0.9823. The bias is bearish in nearest term especially if price able to make a clear break and consistent movement below 0.9820 testing 0.9765 or lower. Immediate resistance is seen around 0.9890. A clear break above that area could lead price to neutral zone in nearest term but as long as stays below 1.0000/35 I still prefer a bearish scenario at this phase and any upside pullback should be seen as a good opportunity to sell.
