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| USD/CHF Daily Forecast
Fri, October 24 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 was indecisive yesterday but overall still able to maintain its bullish intraday bias after broke above the bearish channel as you can see on my hourly chart below. The bias remains bullish in nearest term testing 0.9620. Immediate support is seen around 0.9520 followed by 0.9490. A clear break back below 0.9490 would activate my wait and see mode as direction would become unclear. 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! | | | | | | | |