USDCHF Daily Forecast: March 19

USDCHF Forecast
The USDCHF was indecisive last week. Price attempted to push lower bottomed at 0.9423 but closed higher at 0.9515 after bounced-off the lower line of the bullish channel which keeps the bullish phase intact. The bias is bullish in nearest term testing 0.9580 – 0.9650 resistance area. Immediate support is seen around 0.9485. A clear break below that area could lead price to neutral zone in nearest term retesting the lower line of the bullish channel and 0.9420 region. Overall I remain neutral.