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USDCHF Daily Forecast: March 08

Tuesday, March 7, 2017 19:53
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(Before It's News)

USDCHF Forecast
The USDCHF attempted to push higher yesterday topped at 1.0170 but closed a little bit lower at 1.0132. The  bias is neutral in nearest term probably with a little bearish bias testing the lower line of the bullish channel and 1.0070 area which is a good place to buy with a tight stop loss as a clear break and daily close below the bullish channel would end the current bullish phase. On the upside, 1.0200 remains a key resistance and good place to sell with a tight stop loss. Overall I remain neutral.

usdchfh4



Source: http://fxinstructor.com/blog/usdchf-daily-forecast-march-08-6

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