USDCHF Daily Forecast: March 31 2016

USDCHF Daily Forecast: March 31 2016

31 March 2016, 05:44
Roberto Jacobs
0
34

USDCHF Daily Forecast: March 31 2016

USDCHF Forecast

The USDCHF was indecisive yesterday formed a Doji/pin bar formation as you can see on my daily chart below. Overall I remain bearish but seeing a Pin bar or Doji near a support level should be a warning for us that bearish pressure may have exhausted here, at least for now, and need a clear break below 0.9570 to continue the bearish scenario. The bias is bullish in nearest term testing 0.9775 area.

usdchf1


Share it with friends: