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| USD/CHF Daily Forecast
Mon, July 21 2014 | Dear Fellow Trader,
Setyo Wibowo here with the latest daily forex update from the FX Instructor Forex Blog.
If you have any questions about today's update - please reply to this email and I will be happy to help. Enjoy!
| The USDCHF had a bullish momentum last week but unable to stay above 0.9000 as you can see on my hourly chart below. The bias is neutral in nearest term. Important intraday range to be closely watched is seen between 0.9000 - 0.8950. A clear break and daily close above 0.9000 could trigger further bullish pressure testing 0.9100. On the other hand, a clear break below 0.8950 could trigger further bearish pressure testing 0.8905. Overall I still prefer a bullish scenario at this phase. Please click here to see the chart. |
| | I hope you enjoyed today's forex update! If you have any questions or suggestions, reply to this email - or visit me at the FX Instructor Blog.
Happy Trading! | | | | | | | |