USDCHF Daily Forecast: February 19

 @ibtimes
on February 18 2010 9:45 PM

USDCHF Forecast

The USDCHF continued its bullish momentum yesterday, topped at 1.0852, closed at 1.0832 and keep moving higher around 1.0864 at the time I wrote this comment. This fact should trigger further upside scenario towards 1.1000 area. Immediate support at 1.0800 area. Break below that area should lead us into no trading zone and testing 1.0700 area but I still prefer a bullish scenario at this phase.

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