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USDCHF Daily Forecast: August 11
Monday, August 10, 2015 19:25
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USDCHF Forecast
The USDCHF attempted to push higher yesterday topped at 0.9890 but whipsawed to the downside and closed lower at 0.9834. The bias is neutral in nearest term probably with a little bearish bias testing 0.9750. Overall I still prefer a bullish scenario at this phase but need a clear break above 0.9880 area to continue the bullish scenario testing 1.0000 area. Potential daily range today remains between 0.9750 – 0.9880.
Source: http://www.fxinstructor.com/blog/usdchf-daily-forecast-august-11-5
