USD/CHF Mid-Day Outlook

With 4 hours MACD staying above signal line, more consolidations could likely be seen in USD/CHF above 0.8081 temporary low. But recovery is expected to be limited by 0.8275 support turned resistance and bring fall resumption. Below 0.8081 should send USD/CHF through 0.8 psychological level to 100% projection of 0.8945 to 0.8326 from 0.8525 at 0.7906 next.

Tagged with: currency forecast • forex market outlook • Forex Signal • fx trading signal

Filed under: Action Forex Market Outlook

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