USDCHF Daily Forecast: December 19

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By swibowo | December 19, 2013 7:49 PM EST

Fx Instructor

USDCHF Forecast

The USDCHF had a strong bullish momentum yesterday and hit 0.8963 earlier today. The bias is bullish in nearest term testing 0.9000. Immediate support is seen around 0.8900. A clear break below that area could lead price to neutral zone in nearest term testing 0.8850 or lower. The major bearish outlook should remain valid but price is in a bullish correction phase now.

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