USDCHF Daily Forecast: November 22

By @ibtimes on

USDCHF Forecast

The USDCHF didn’t make significant movement yesterday. The bias remains neutral in nearest term, but the overall technical outlook remains to the upside still targeting 0.9320 and only a clear break back below 0.8915 would stop the bullish outlook. Immediate support remains around 0.9100 followed by 0.9050. On the upside, 0.9200/35 area has been a respected resistance in the last few days and need a clear break and daily close above that area to continue the bullish pressure testing 0.9320 area.

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

.

Join the Discussion