USDCHF Daily Forecast: December 09

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By swibowo | December 9, 2013 6:49 PM EST

Fx Instructor

USDCHF Forecast

The USDCHF continued its bearish momentum last week bottomed at 0.8909. The bias remains bearish in nearest term testing 0.8895 or lower. Immediate resistance is seen around 0.8945. A clear break above that area could lead price to neutral zone in nearest term but any upside pullback now is normal and overall I remain bearish.

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