USDCHF Daily Forecast: November 16
USDCHF Forecast
The USDCHF didn’t make significant movement yesterday. There are no changes in my technical outlook. The bias remains neutral in nearest term. Overall I still prefer a bullish scenario at this phase but need a clear break and consistent movement above 1.0095 in order to build further bullish momentum targeting 1.0175 area. On the downside, 0.9980 remains a key support. A clear break below that area would invalidate the bullish pin bar scenario testing 0.9910 – 0.9825 area.
Source: https://fxinstructor.com/blog/usdchf-daily-forecast-november-16-8
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