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USDCHF Daily Forecast: February 10

Thursday, February 9, 2017 19:55
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(Before It's News)

USDCHF Forecast
The USDCHF had a bullish momentum yesterday topped at 1.0018. The bias is bullish in nearest term but 1.0000 – 1.0040 region remains a good place to sell with a tight stop loss. Immediate support is seen around 0.9980. A clear break below that area could lead price to neutral zone in nearest term testing 0.9930/00 region. On the upside, a clear break and daily/weekly close above 1.0040 would expose 1.0120 area or higher next week. Overall I remain neutral.

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Source: http://fxinstructor.com/blog/usdchf-daily-forecast-february-10-7

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