USDCHF Daily Forecast: April 08

By @ibtimes on

USDCHF Forecast

The USDCHF finally break below the bullish channel as you can see on my daily chart below indicates the end of the bullish correction and seems ready to continue the major bearish scenario testing 0.9000 is nearest term before testing 0.8900 support area. Immediate resistance at 0.9164 (current high). A clear break above that area would lead us to neutral zone in nearest term retesting 0.9230 but would activate my wait and see mode as direction would become unclear.

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