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USDCHF Daily Forecast: March 31

USDCHF Forecast
The Usdchf continued its Bullish momentum yesterday topped at 1.0013. The bearish scenario after fell below the bullish channel as you can see on my H4 chart below is in a serious threat. The bias is bullish in nearest term testing 1.0060 region. A clear break and daily/weekly close above that area would activate my bullish short-term mode. Immediate support is seen around 0.9990. A clear break below that area could lead price to neutral zone in nearest term testing 0.9950 or lower. Overall I remain neutral.

usdchfh4



This post first appeared on FX Instructor Forex Blog - For Traders, By Traders, please read the originial post: here

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USDCHF Daily Forecast: March 31

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