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USDCHF Daily Forecast: February 27

Friday, February 27, 2015 1:07
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(Before It's News)

USDCHF Forecast
The USDCHF had a moderate bullish momentum yesterday topped at 0.9545 but traded lower earlier today hit 0.9500. The bias is neutral in nearest term. Immediate support is seen around 0.9450. A clear break below that area could trigger further bearish pressure testing 0.9400 area. Overall I still prefer a bullish scenario at this phase with nearest bullish target seen around 0.9600.

usdchfdaily



Source: http://www.fxinstructor.com/blog/usdchf-daily-forecast-february-27-4

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