| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
USDCHF Daily Forecast: September 27
Thursday, September 27, 2012 4:41
% of readers think this story is Fact. Add your two cents.
USDCHF Forecast
The USDCHF was indecisive yesterday. Price attempted to push higher but found a good resistance around 0.9420. The bias is neutral in nearest term. I still prefer a bearish scenario at this phase and 0.9420 seems to be a good place to sell with a tight stop loss targeting 0.9300 – 0.9250 support area or lower. Daily EMA 200 resistance is seen around 0.9435. A clear break and daily close above the EMA 200 will interrupt the bearish outlook and turn my intraday bias to a bullish view.
©2012 FX Instructor Forex Blog – For Traders, By Traders. All Rights Reserved.
.
2012-09-27 04:29:42
Source: http://www.fxinstructor.com/blog/usdchf-daily-forecast-september-27-3
Source:
