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USDCHF Daily Forecast: September 19

Wednesday, September 19, 2012 9:42
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USDCHF Forecast
The USDCHF had another indecisive movement yesterday. There are no changes in my technical outlook. The bias remains bearish in nearest term testing 0.9200 – 0.9100 especially if price able to make a clear break below 0.9250/30 support area. Immediate resistance remains around 0.9295. A clear break above that area could lead price to neutral zone in nearest term but any upside pullback now is normal and as long as stays below 0.9400 my overall intraday bias remains to the downside.

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