USDCHF Daily Forecast: June 30 2016

USDCHF Daily Forecast: June 30 2016

30 June 2016, 08:46
Roberto Jacobs
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USDCHF Daily Forecast: June 30 2016

USDCHF Forecast

The USDCHF failed to continue its bullish momentum yesterday and now still struggling around 0.9800. The bias is neutral in nearest term. Immediate support is seen around 0.9760. A clear break and daily close below that area could create a false breakout bearish scenario testing 0.9670 or lower. On the upside, we need a clear break and consistent movement above 0.9800 to keep the bullish phase remains strong targeting 1.0000 region.

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