Visitors Now: | |
Total Visits: | |
Total Stories: |
Story Views | |
Now: | |
Last Hour: | |
Last 24 Hours: | |
Total: |
USDCHF Forecast
The USDCHF had a bullish momentum yesterday and hit 0.9431 earlier today. The bias is bullish in nearest term but I think now is a good time to sell with a tight stop loss above 0.9435/50 targeting 0.9250 area. A clear break and daily close above 0.9435 will be a threat to the bearish scenario and could be an early bullish reversal signal at least testing 0.9520.
2012-10-10 07:28:34
Source: http://www.fxinstructor.com/blog/usdchf-daily-forecast-october-10-2