USDCHF Daily Forecast: April 06

USDCHF Forecast
The USDCHF had a moderate bullish momentum yesterday topped at 0.9639. Price slipped above the resistance line of the rising wedge formation as you can see on my daily chart below but 0.9650 resistance still holds so far. The bias remains bullish in nearest term especially if price able to break above 0.9650 testing 0.9700/50 region. Immediate support is seen around 0.9600. A clear break and daily close below that area would keep the rising wedge scenario intact testing 0.9550 or lower. Overall I remain neutral.