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USDCHF Daily Forecast: April 16

USDCHF Daily Forecast: April 16
Tuesday, April 16th, 2019 @ 4:11 am by Setyo Wibowo

About Setyo Wibowo:

Setyo Wibowo Living in East Java, Indonesia and holding International Relations degree, Setyo Wibowo began his forex trading career by joining Fortune Channel Investment in 2000 as a market analyst, while learning to trade forex independently on his own. Driven by his desire to share his trading experiences and ideas, Setyo joined the FX Instructor team in 2008. Setyo Wibowo is now living in Mojokerto, East Java, Indonesia.

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USDCHF Forecast
The USDCHF had a bullish momentum yesterday topped at 1.0046 and hit 1.0048 earlier today in Asian session. The bias remains bullish in nearest term testing 1.0095 key resistance area which remains a good place to sell. Immediate support is seen around 0.9985. A clear break and daily close back below that area could create a false breakout bearish scenario retesting 0.9900 region.


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