USDCHF Daily Forecast: June 08

By IBTimes Staff Reporter | June 07 2010 9:31 PM

USDCHF Forecast

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The USDCHF still trapped in the range area yesterday. The bullish pressure still unable to make significant upside momentum away from 1.1695 area. The bias remains neutral in nearest term but the main scenario remains to the upside with 1.1750 as nearest technical target. On the downside, only a movement below 1.1445 area could be seen as a serious threat to the major bullish scenario.

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