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USDCHF Daily Forecast: May 02

Wednesday, May 1, 2013 23:08
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USDCHF Forecast
The USDCHF continued its bearish momentum yesterday but still unable to break below 0.9250 support area so far. The bias is neutral in nearest term. Immediate resistance is seen around 0.9300 followed by 0.9350. On the downside, we need a clear break below 0.9250 to continue the bearish phase after bounced from the trend line resistance testing 1.9200 – 0.9150. My major technical outlook remains unclear.

usdchfdaily



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