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USDCHF Daily Forecast: September 07
Friday, September 7, 2012 3:50
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USDCHF Forecast
The USDCHF had another indecisive movement yesterday but overall still able to maintain its bearish correction bias. There are no changes in my technical outlook. The bias remains neutral in nearest term. Immediate support is seen around 0.9533 (current low). A clear break below that area could trigger further bearish pressure testing 0 9500 and 0.9420 as bearish correction target. On the upside, only a clear break above 0.9600/50 could interrupt the current bearish correction phase. Fundamental focus today will be on the US NFP.
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2012-09-07 03:41:48
Source: http://www.fxinstructor.com/blog/usdchf-daily-forecast-september-07-4
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