USDCHF Daily Forecast: March 29 2016

USDCHF Daily Forecast: March 29 2016

29 March 2016, 05:40
Roberto Jacobs
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USDCHF Daily Forecast: March 29 2016

USDCHF Forecast

The USDCHF had a moderate bearish momentum yesterday bottomed at 0.9722. The bias is neutral in nearest term, probably with a little bearish bias testing 0.9650 support area which need to be clearly broken to the downside to continue the bearish scenario targeting 0.9570. Immediate resistance is seen around 0.9785 followed by 0.9820. A clear break and daily close above 0.9820 would be a threat to the bearish scenario.

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