USDCHF Daily Forecast: December 13

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By swibowo | December 13, 2013 2:21 PM EST

Fx Instructor

USDCHF Forecast

The USDCHF was corrected higher yesterday topped at 0.8909. The bias is neutral in nearest term probably with a little bullish bias testing 0.8945, but overall I still prefer a bearish scenario at this phase. Immediate support is seen around 0.8870. A clear break below that area could trigger further bearish pressure testing 0.8800.

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