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USDCHF Daily Forecast: November 22

Monday, November 21, 2016 20:55
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USDCHF Forecast
The USDCHF was indecisive yesterday. Overall price is still in a bullish phase but still struggling around 1.0100 resistance area as you can see on my daily chart below. The bias is neutral in nearest term. Immediate resistance is seen around 1.0122. A clear break above that area could trigger further bullish pressure testing 1.0200 – 1.0250. Immediate support is seen around 1.0050. A clear break below that area could trigger further bearish pressure testing 1.0000 region. Overall I remain neutral.

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