USDCHF Daily Forecast: May 13

  @ibtimes on

USDCHF Forecast

The USDCHF was indecisive yesterday, made a Doji on daily chart. On h4 chart below we can see that price still trapped in range area of 1.1175 – 1.0888. The bias remains neutral in both medium and nearest term. Immediate support remains at 1.1045. Break below that area could trigger further bearish pressure testing 1.0950 region. Initial resistance at 1.1175. Consistent move above that area should trigger further upside pressure re-testing 1.1250 region.

Related Posts:

  • USDCHF Daily Forecast: May 12
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  • USDCHF Daily Forecast: May 07
  • USDCHF Daily Forecast: May 05
  • USDCHF Daily Forecast: April 29
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