USDCHF Daily Forecast: March 28

USDCHF Forecast
The USDCHF had another indecisive movement yesterday. Price attempted to push higher topped at 0.9508 but closed lower at 0.9465. The bias is neutral in nearest term. Potential range area is seen between 0.9508 – 0.9433. A clear break above 0.9508 could trigger further bullish pressure testing 0.9570 region. I still prefer a bearish scenario as a part of the bearish phase after broke below the bullish channel as you can see on my daily chart below but need a clear break below 0.9433 to resume the bearish phase testing 0.9350 area or lower. Overall I remain neutral.