USDCHF Daily Forecast: March 21 2016

USDCHF Daily Forecast: March 21 2016

USDCHF Forecast

As expected, the USDCHF had a bearish momentum last week bottomed at 0.9650. The bias remains bearish in nearest term testing 0.9600 – 0.9570 region. Immediate resistance is seen around 0.9730. A clear break above that area could lead price to neutral zone in nearest term testing 0.9800/20 area but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell.