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USDCHF Daily Forecast: April 27

USDCHF Daily Forecast: April 27
Thursday, April 27th, 2017 @ 12:04 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 another indecisive movement yesterday formed a Doji on daily chart. Price attempted to push higher topped at 0.9968 but closed lower at 0.9932. The bias remains neutral in nearest term but overall price is still in a bearish phase targeting 0.9880 and 0.9813 area. On the upside, 1.0020 remains a key resistance and good place to sell with a tight stop loss. Overall I remain neutral.


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