USDCHF Daily Forecast: March 25
USDCHF Forecast
The USDCHF continued its bearish momentum last week bottomed at 0.9894 but closed a little bit higher at 0.9933. The bias is neutral in nearest term. I still prefer a bearish scenario at this phase but need a clear break and consistent move below 0.9900 to resume the bearish run testing 0.9850 – 0.9800 region. Immediate resistance is seen around 0.9985. A clear break and daily close above that area would retest 1.0095 key resistance area which remains a good place to sell.
Source: https://fxinstructor.com/blog/usdchf-daily-forecast-march-25-4
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