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USDCHF Daily Forecast: April 25

Thursday, April 25, 2013 0:49
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USDCHF Forecast
The USDCHF attempted to push higher yesterday topped at 0.9497 but whipsawed to the downside and hit 0.9448 earlier today. The bias is neutral in nearest term probably with a little bearish bias testing 0.9420/00 – 0.9350. I still prefer a bullish scenario at this phase but need a clear break at least above 0.9500 to reactivate my bullish mode testing 0.9550 – 0.9600.

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