USDCHF Daily Forecast: July 11 - Forex
International Business Times
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By swibowo | July 11, 2012 2:49 PM EST

Fx Instructor

USDCHF Forecast

The USDCHF continued its bullish momentum yesterday, topped at 0.9814 and closed at 0.9797. There are no changes in my technical outlook.  The bias remains bullish in nearest term testing 0.9900 or higher. Immediate support remains around 0.9715. A clear break below that area could lead price to neutral zone in nearest term but as long as stays above 0.9600 I still prefer a bullish scenario at this phase with buy on dips strategy.

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