USDCHF Daily Forecast: April 07 2016
The USDCHF had another indecisive movement yesterday. The bias remains neutral in nearest term. Overall my technical outlook remains bearish but need a clear break and consistent move below 0.9570 to continue the bearish scenario targeting 0.9475 – 0.9380 region. Immediate resistance remains around 0.9625. A clear break above that area could trigger further bullish pressure testing 0.9715 region.