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USDCHF Daily Forecast: October 26

Sunday, October 25, 2015 19:26
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(Before It's News)

USDCHF Forecast
The USDCHF had a bullish momentum last week topped at 0.9799. The bias is bullish in nearest term testing 0.9820 which remains a good area to sell with a tight stop loss. Immediate support is seen around 0.9750. A clear break below that area could lead price to neutral zone in nearest term testing 0.9700 region. On the upside, a clear break above 0.9820 could trigger further bullish pressure testing 0.9900 area. My major technical outlook remains neutral.

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Source: http://www.fxinstructor.com/blog/usdchf-daily-forecast-october-26-5

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