USDCHF Daily Forecast: March 28 2016

USDCHF Daily Forecast: March 28 2016

28 March 2016, 04:10
Roberto Jacobs
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USDCHF Daily Forecast: March 28 2016

USDCHF Forecast

The USDCHF was corrected higher last week topped at 0.9787. The bias remains bullish in nearest term testing 0.9820.  Overall I remain bearish and any upside pullback should be seen as a good opportunity to sell with a tight stop loss above 0.9820 as a clear break and daily close above that area could trigger further bullish pullback retesting 1.0000/35 area. Immediate support is seen around 0.9725. A clear break below that area could lead price to neutral zone in nearest term testing 0.9650 key support.

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