USDCHF Daily Forecast: March 15 2016
USDCHF Forecast
The USDCHF was corrected higher yesterday topped at 0.9881. The bias is neutral in nearest term probably with a little bullish bias testing 0.9930/50 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. Immediate support is seen around 0.9820 which need to be clearly broken to the downside to keep the bearish scenario remain strong testing 0.9765 before targeting 0.9600 region.
