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USDCHF Daily Forecast: August 27
Monday, August 27, 2012 1:11
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USDCHF Forecast
The USDCHF bearish momentum was paused on Friday but overall still able to maintain its bearish correction bias so far. The bias is neutral in nearest term. Immediate resistance is seen around 0.9650. A clear break above that area could trigger further bullish pressure testing 0.9700 or higher. Immediate support is seen around 0.9580. A clear break below that area would keep the bearish correction bias remains strong testing 0.9420 region.
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2012-08-27 01:04:41
Source: http://www.fxinstructor.com/blog/usdchf-daily-forecast-august-27-3
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