USDCHF Daily Forecast: February 27

USDCHF Forecast

The USDCHF had another indecisive movement yesterday. There are no changes in my technical outlook. The bias remains neutral in nearest term. Selling around the upper line of the bearish channel remains a good idea with a tight stop loss above 0.9350 as a clear break and daily close above that area could be an early signal of a bullish reversal scenario. Important intraday range remains between 0.9350 – 0.9250. We need a clear break from that range area to see clearer direction.