| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
USDCHF Daily Forecast: May 13
Sunday, May 12, 2013 21:24
% of readers think this story is Fact. Add your two cents.
USDCHF Forecast
The USDCHF had a bullish momentum last week broke above the trend line resistance as you can see on my daily chart below. The bias remains bullish in nearest term testing 0.9700. Immediate support is seen around 0.9550. A clear break below that area could lead price to neutral zone in nearest term testing 0.9500 but overall I still prefer a bullish scenario at this phase.
Source: http://www.fxinstructor.com/blog/usdchf-daily-forecast-may-13-3
