USDCHF Forecast

The USDCHF had a significant bullish momentum yesterday. On daily chart below we can see that price is now challenging the upper side of the range area around 1.0888. Consistent move above that area should confirm bullish scenario targeting 1.1000 region. Immediate support at 1.0800. Break below that area could trigger further bearish momentum testing 1.0750 and keep the pair in range area of 1.0888 – 1.0420 in longer term point of view.

Related Posts:

  • USDCHF Daily Forecast: April 26
  • USDCHF Daily Forecast: April 07
  • USDCHF Daily Forecast: April 05
  • USDCHF Daily Forecast: March 08
  • USDCHF Daily Forecast: March 04
  • ©2010 FX Instructor Forex Blog - For Traders, By Traders. All Rights Reserved.

    .