USDCHF Daily Forecast: December 10

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By swibowo | December 10, 2013 2:49 PM EST

Fx Instructor

USDCHF Forecast

The USDCHF continued its bearish momentum yesterday and hit 0.8883 earlier today. The bias remain bearish in nearest term testing 0.8850 – 0.8800. Immediate resistance is seen around 0.8920 – 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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