USDCHF Daily Forecast: June 07 2016

USDCHF Daily Forecast: June 07 2016

7 June 2016, 05:58
Roberto Jacobs
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USDCHF Daily Forecast: June 07 2016

USDCHF Forecast
The USDCHF continued its bearish momentum yesterday bottomed at 0.9681. The bias remains bearish in nearest term especially if price able to make a clear break below 0.9670 targeting 0.9600 before targeting 0.9470 this week. Immediate resistance is seen around 0.9775/95. A clear break above that area could lead price to neutral zone in nearest term as direction would become unclear.

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