USDCHF Daily Forecast: March 30

USDCHF Forecast
The USDCHF was indecisive yesterday. The bias is neutral in nearest term. From another technical perspective as you can see on my daily chart below, price is moving inside a rising wedge formation, which is a bearish formation that will be confirmed by a breakout below the lower/support line of the wedge located around 0.9470 area. On the other hand, a clear break above the upper/resistance line of the rising wedge formation and 0.9650 could trigger further bullish scenario with nearest target seen at 0.9850. Overall I remain neutral.