USDCHF Daily Forecast: December 11

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By swibowo | December 11, 2013 2:21 PM EST

Fx Instructor

USDCHF Forecast

The USDCHF continued its bearish momentum yesterday bottomed at 0.8850. The bias remains bearish in nearest term testing 0.8800. Immediate resistance is seen around 0.8900. A clear break above that area could lead price to neutral zone in nearest term testing 0.8945 but any upside pullback now is normal and overall I remain bearish.

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