| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
USDCHF Daily Forecast: May 08
Wednesday, May 8, 2013 0:11
% of readers think this story is Fact. Add your two cents.
USDCHF Forecast
The USDCHF was indecisive yesterday buy overall still able to maintain its bullish short term bias. As you can see on my hourly chart below price is challenging the lower line of the bullish channel and 0.9380 support area. A clear break below that area will interrupt the bullish phase testing 0.9350 – 0.9300. Immediate resistance is seen around 0.9433. A clear break above that area would keep the bullish bias remains strong testing 0.9500/20.
Source: http://www.fxinstructor.com/blog/usdchf-daily-forecast-may-08-2
