USDCHF Daily Forecast: March 17 2016
USDCHF Forecast
The USDCHF had a bearish momentum yesterday bottomed at 0.9750. The bias is bearish in nearest term testing 0.9700 before targeting 0.9600 region. Immediate resistance is seen around 0.9820. 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 and any upside pullback should be seen as a good opportunity to sell.
