USDCHF Forecast

The USDCHF was indecisive yesterday. On daily chart below we can see that price so far unable to stay above 1.1175 area indicating limited bullish momentum so far, but the major scenario remains to the upside. We need a break above 1.1200 today to continue the bullish scenario testing 1.1250 and 1.1300/30 region. On the downside, immediate support at 1.1065/50. Break below that area could trigger further bearish pressure testing 1.1000 region.

Related Posts:

  • USDCHF Daily Forecast: January 28
  • USDCHF Daily Forecast: February 05
  • USDCHF Daily Forecast: April 02
  • USDCHF Daily Forecast: May 04
  • USDCHF Daily Forecast: April 30
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