USDCHF Forecast

The USDCHF continued its bullish bias yesterday, topped at 0.9476 and closed at 0.9461. The bias remains bullish in nearest term testing 0.9500 – 0.9600 area. Immediate support is seen around 0.9400. A clear break below that area could lead price to neutral zone in nearest term but as long as stays above 0.9320 I still prefer a bullish intraday scenario at this phase.

©2011 FX Instructor Forex Blog - For Traders, By Traders. All Rights Reserved.

.