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USDCHF Daily Forecast: May 09
Wednesday, May 8, 2013 21:51
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USDCHF Forecast
The USDCHF had a bearish momentum yesterday broke below the bullish channel as you can see on my hourly chart below. The bias is bearish in nearest term testing 0.9300 – 0.9250. Immediate resistance is seen around 0.9360. A clear break above that area could lead price to neutral zone in nearest term testing 0.9400. My major technical outlook remains neutral.
Source: http://www.fxinstructor.com/blog/usdchf-daily-forecast-may-09-3
