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USDCHF Daily Forecast: October 09
Tuesday, October 9, 2012 16:13
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USDCHF Forecast
The USDCHF attempted to push higher yesterday but found a good resistance around 0.9350. The bias is neutral in nearest term with potential range seen between 0.9420/35 – 0.9250 but overall I still prefer a bearish scenario. Immediate support is seen around 0.9320. A clear break below that area could trigger further bearish pressure testing 0.9250. Immediate resistance is seen around 0.9350. A clear break above that area could trigger further upside pullback testing 0.9420/35 key resistance area.
2012-10-09 16:02:20
Source: http://www.fxinstructor.com/blog/usdchf-daily-forecast-october-09-2
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