USDCHF Daily Forecast: March 22

USDCHF Forecast
The USDCHF had a bearish momentum yesterday bottomed at 0.9483 and hit 0.9467 earlier today in Asian session. This fact is a serious threat to the bullish phase especially if price able to make a clear break and consistent movement below 0.9470 support area testing 0.9420/00 region. Immediate resistance is seen around 0.9530. A clear break above that area could lead price to neutral zone in nearest term and keep the bullish phase intact testing 0.9580 – 0.9650 region. Overall I remain neutral.

Bullish channel: forex forecast