USDCHF Daily Forecast: April 29 2016

USDCHF Daily Forecast: April 29 2016

29 April 2016, 05:51
Roberto Jacobs
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USDCHF Daily Forecast: April 29 2016

USDCHF Forecast

The USDCHF had a bearish momentum yesterday broke below 0.9715 and the bullish channel as you can see on my daily chart below. The bias is bearish in nearest term testing 0.9570. Immediate resistance is seen around 0.9715. A clear break back above that area could lead price to neutral zone in nearest term as direction would become unclear.

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