USDCHF Daily Forecast: December 03

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By swibowo | December 3, 2013 7:49 PM EST

Fx Instructor

USDCHF Forecast

The USDCHF was corrected higher yesterday and now struggling around the hourly EMA 200 as you can see on my hourly chart below. The bias is neutral in nearest term probably with a little bullish bias testing 0.9135/50. Immediate support is seen around 0.9070. A clear break below that area could trigger further bearish pressure testing 0.9040 – 0.9000.

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