USDCHF Daily Forecast: March 16 2016

USDCHF Daily Forecast: March 16 2016

16 March 2016, 05:49
Roberto Jacobs
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USDCHF Daily Forecast: March 16 2016

USDCHF Forecast

The USDCHF was indecisive yesterday. The bias remains neutral in nearest term probably with a little bearish bias testing 0.9820 support area. A clear break and daily close below that area could trigger further bearish pressure testing 0.9765 – 0.9700 area before targeting 0.9600 region. Immediate resistance is seen around 0.9900. A clear break above that area could trigger further bullish pressure testing 0.9950 but key resistance remains around 1.0000/35.


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