USDCHF Daily Forecast: June 10 2016

USDCHF Daily Forecast: June 10 2016

10 June 2016, 05:26
Roberto Jacobs
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USDCHF Daily Forecast: June 10 2016

USDCHF Forecast
The USDCHF was corrected higher yesterday topped at 0.9656 after unable to break below 0.9570 support area as you can see on my daily chart below. Overall I still prefer a bearish scenario at this phase but the bias is bullish in nearest term testing 0.9670. A clear break above that area could trigger further bullish pullback testing 0.9715 area. Immediate support is seen around 0.9615. A clear break below that area could lead price to neutral zone in nearest term retesting 0.9570.

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