USDCHF Daily Forecast: April 21 2016

USDCHF Daily Forecast: April 21 2016

21 April 2016, 06:31
Roberto Jacobs
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USDCHF Daily Forecast: April 21 2016

USDCHF Forecast

The USDCHF had a bullish momentum yesterday and now struggling around 0.9715 key resistance as you can see on my daily chart below. The bias is bullish in nearest term especially if price able to make a clear break and consistent movement above 0.9715 testing 0.9800 before targeting 0.9900. Immediate support is seen around 0.9670. A clear break below that area could lead price to neutral zone in nearest term testing 0.9600 – 9570 area.

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