USDCHF Daily Forecast: August 16
USDCHF Forecast
The USDCHF attempted to push higher yesterday topped at 0.9982 but whipsawed to the downside and closed lower at 0.9935. The bias is neutral in nearest term probably with a little bearish bias testing 0.9865 area. Immediate resistance is seen around 0.9950. A clear break above that area could trigger further bullish pressure testing 0.9990 region. Overall I remain neutral.
Source: https://fxinstructor.com/blog/usdchf-daily-forecast-august-16-7
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