USDCHF Daily Forecast: May 27 2016

USDCHF Daily Forecast: May 27 2016

27 May 2016, 05:44
Roberto Jacobs
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USDCHF Daily Forecast: May 27 2016

USDCHF Forecast

The USDCHF was indecisive yesterday. The bias remains neutral in nearest term probably with a little bearish bias. Overall price is still in a bullish phase after a breakout above 0.9795 targeting 1.0000 area but the bullish run seems a little bit exhausted.  Immediate support is seen around 0.9860 followed by 0.9800. Immediate resistance is seen around 0.9940 followed by 1.0000.

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