The USDCHF was indecisive yesterday but overall still able to maintain its bullish bias and hit 0.9743 earlier today. There are no changes in my technical outlook. The bias remains bullish in nearest term testing 0.9800 or higher. Immediate support remains around 0.9670. A clear break below that area could lead price to neutral zone in nearest term but as long as stays above 0.9600 my overall intraday bias remains strongly to the upside and only a clear break back below 0.9500 can interrupt the current strong bullish outlook. Fundamental focus today is on US NFP data.
©2012 FX Instructor Forex Blog - For Traders, By Traders. All Rights Reserved.