USDCHF Daily Forecast: April 04

USDCHF Forecast
The USDCHF had a bullish momentum yesterday topped at 0.9597. The bias is bullish in nearest term testing the resistance line of the rising wedge formation located around 0.9615 – 0.9650 region which is a good place to sell with a tight stop loss above 0.9650. Immediate support is seen around 0.9550. A clear break below that area could lead price to neutral zone in nearest term testing 0.9500 – 0.9470 key support area. On the upside, a clear break above 0.9650 would expose 0.9750 or higher. Overall I remain neutral.