USDCHF Daily Forecast: September 14

By @ibtimes on

USDCHF Forecast

The USDCHF made indecisive movement on Friday, formed a Doji on daily chart. On daily chart below we can see that a Doji appeared after an inverted hammer  during bearish momentum indicating that the bearish might have exhausted now and we might have potential bullish correction testing 1.0527 resistance area. As long as the pair stay below that area I still prefer bearish scenario. Immediate support at 1.0338. CCI in oversold area and heading up on daily chart suggesting potential upside pressure.

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