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USDCHF Daily Forecast: August 12
Tuesday, August 11, 2015 19:18
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USDCHF Forecast
The USDCHF had a bullish momentum yesterday topped at 0.9902. The bias is bullish in nearest term especially if price able to make a clear break above 0.9900 testing 1.0000 area. CCI is in overbought area and pointing down on H4 chart, so watch out for a potential bearish pullback 0.9790 – 0.9800 support area. Potential daily range today is seen between 0.9790 – 0.9900. Overall I remain bullish.
Source: http://www.fxinstructor.com/blog/usdchf-daily-forecast-august-12-5
