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USDCHF Daily Forecast: April 17

USDCHF Daily Forecast: April 17
Wednesday, April 17th, 2019 @ 5:24 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 continued its bullish momentum yesterday topped at 1.0081. The bias remains bullish in nearest term testing 1.0095 key resistance area which remains a good place to sell with a tight stop loss as a clear break above that area could trigger further bullish pressure testing 1.0170 area or higher. Immediate support is seen around 1.0050. A clear break below that area could lead price to neutral zone in nearest term testing 1.0000 – 0.9985 support area.


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