USDCHF Daily Forecast: September 08 2016

USDCHF Daily Forecast: September 08 2016

8 September 2016, 06:12
Roberto Jacobs
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USDCHF Daily Forecast: September 08 2016

USDCHF Forecast
The USDCHF was indecisive yesterday. The bias remains bearish in nearest term as a part of the bearish scenario after broke below the bullish channel as you can see on my H1 chart below, testing 0.9600 – 0.9540 area which remains a good place to buy. Immediate resistance is seen around 0.9740. A clear break above that area could lead price to neutral zone in nearest term testing 0.9800 region. My major technical outlook remains neutral.

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