USDCHF Daily Forecast: March 23

USDCHF Forecast
The USDCHF was indecisive yesterday but overall still able to maintain its bearish intraday bias and hit 0.9449 earlier today in Asian session. Price slipped below the bullish channel and 0.9470 support area as you can see on my daily chart below suggests a bearish view. The bias is bearish in nearest term testing 0.9420/00 area. Immediate resistance is seen around 0.9489 (current high). A clear break above that area could lead price to neutral zone in nearest term as direction would become unclear. Overall I remain neutral.

Bullish channel: chart pattern