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USDCHF Daily Forecast: October 10

Sunday, October 9, 2016 19:03
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(Before It's News)

USDCHF Forecast
The USDCHF had a bullish momentum last week topped at 0.9839 but closed lower at 0.9776. The bias is neutral in nearest term probably with a little bearish bias testing 0.9735/00 support area. Immediate resistance is seen around 0.9800 followed by 0.9850 which is a good place to sell with a tight stop loss. Overall I remain neutral and sell at resistances or buy at supports remains the best strategy in this choppy market.


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