USDCHF Daily Forecast: March 20

USDCHF Forecast
The USDCHF was indecisive yesterday. The bias is neutral in nearest term but as long as stay inside the bullish channel price is still in a bullish phase. Immediate support is seen around 0.9470 located around the lower line of the bullish channel. A clear break and daily close below that area would invalidate the current bullish phase. Immediate resistance is seen around 0.9550. A clear break above that area would expose 0.9580 – 0.9650 region. Overall I remain neutral.

Bullish channel: chart pattern