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USDCHF Daily Forecast: March 07

Monday, March 6, 2017 18:17
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Headline: Bitcoin & Blockchain Searches Exceed Trump! Blockchain Stocks Are Next!

USDCHF Forecast
The USDCHF had a moderate bullish momentum yesterday topped at 1.0129. The bias is bullish in nearest term testing 1.0200 area which is a good place to sell with a tight stop loss. Immediate support is seen around 1.0070 and the lower line of the bullish channel as you can see on my H4 chart below. A clear break and daily close below the bullish channel would end the current bullish phase. Overall I remain neutral.

usdchfh4



Source: http://fxinstructor.com/blog/usdchf-daily-forecast-march-07-5

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