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USDCHF Daily Forecast: April 23

USDCHF Forecast
The Usdchf had a bullish momentum last week topped at 0.9759 and hit 0.9763 earlier today in Asian session. The bias remains bullish in nearest term testing 0.9850 as a part of the bullish scenario after broke above the resistance line of the rising wedge formation as you can see on my daily chart below. Immediate support is seen around 0.9725. A clear break below that area could lead price to neutral zone in nearest term testing 0.9700 or lower. Overall I remain neutral.



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: April 23

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