USDCHF Daily Forecast: August 20 - Forex
International Business Times
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By swibowo | August 20, 2012 2:21 PM EST

Fx Instructor

USDCHF Forecast

The USDCHF didn’t make significant movement last week. Price has been moving sideways between 0.9800 – 0.9650 in the last two weeks and need a clear break from the range area to see clearer direction. The bias is neutral in nearest term but as long as stays below 0.9800 price is still in a bearish correction phase. Immediate support is seen around 0.9700 followed by 0.9650.

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