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| USD/CHF Daily Forecast
Mon, August 18 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 another indecisive movement last week. Price attempted to push higher but again, failed to break above 0.9115 resistance area and slipped below 0.9035 as you can see on my daily chart below. The bias is bearish in nearest term testing 0.9000 - 0 8950. Immediate resistance is seen around 0.9070. A clear break back above that area could lead price to neutral zone in nearest term retesting 0.9115 key resistance area. 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! | | | | | | | |