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USDCHF Daily Forecast: November 20

USDCHF Forecast    
The Usdchf had a bearish momentum last week bottomed at 0.9846 following a clear break below 0.9940 support area (now resistance) but closed a little bit higher at 0.9890. The bias is bearish in nearest term testing 0.9835. Immediate resistance is seen around 0.9940. A clear break back above that area could lead price to neutral zone in nearest term but would give the major bullish trend another chance retesting 1.0037 key resistance area.



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: November 20

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