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USDCHF Daily Forecast: May 10
Thursday, May 9, 2013 23:12
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USDCHF Forecast
The USDCHF had a strong bullish momentum yesterday topped at 0.9498 and hit 0.9507 earlier today. Price slipped above the trend line resistance as you can see on my daily chart below suggests a bullish view. The bias is bullish in nearest term testing 0.9600. Immediate support is seen around 0.9430. A clear break below that area could lead price to neutral zone in nearest term testing 0.9370 area.
Source: http://www.fxinstructor.com/blog/usdchf-daily-forecast-may-10-4
