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USDCHF Daily Forecast: June 13

USDCHF Daily Forecast: June 13
Wednesday, June 13th, 2018 @ 4:16 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 was indecisive yesterday. The bias remains neutral in nearest term. Overall I still prefer a bearish scenario at this phase but need a clear break below 0.9825 to resume the bearish phase targeting 0.9780/50 or lower. On the upside, 0.9900/15 region remains a key resistance and good place to sell with a tight stop loss as a clear break above that area would invalidate the bearish phase targeting 0.9980 region.

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