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USDCHF Daily Forecast: August 04
Monday, August 3, 2015 20:33
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USDCHF Forecast
The USDCHF didn’t make significant movement yesterday. The bias remains neutral in nearest term probably with a little bullish bias testing 0.9720. A clear break above that area could trigger further bullish pressure testing 0.9800 area. Immediate support is seen around 0.9600. As you can see on my H1 chart below, overall price is still moving above the H1 EMA 200 suggests a bullish trend. Potential daily range today is seen between 0.9600 – 0.9720.
Source: http://www.fxinstructor.com/blog/usdchf-daily-forecast-august-04-5
