USD/CHF Mid-Day Outlook
Friday, July 22nd, 2011 at
2:18 pm
No change in USD/CHF’s outlook. Consolidations from 0.8081 is still in progress and intraday bias remains neutral. We’d continue to expect upside to be limited by 0.8275 support turned resistance and bring resumption of recent decline. Break of 0.8081 will target 0.8 psychological level and then 100% projection of 0.8945 to 0.8326 from 0.8525 at 0.7906 next.
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Tagged with: currency forecast • forex market outlook • Forex Signal • fx trading signal
Filed under: Action Forex Market Outlook
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