USDCHF Daily Forecast: December 27

  • Rate this Story
  • 0
  • 0

By swibowo | December 27, 2013 6:21 PM EST

Fx Instructor

USDCHF Forecast

The USDCHF is still moving sideways between 0.8920 – 0.9000 as you can see on my hourly chart below. The bias remains neutral in nearest term and we need a clear break from the range area to see clearer direction. A clear break above 0.9000 could trigger further bullish pressure testing 0.9050 – 0.9095. On the downside, a clear break below 0.8920 could trigger further bearish pressure testing 0.8845.

  • Rate this Story
  • 0
  • 0
For more forex information, go to FxInstructor.com.

Join the Conversation

IBTimes TV
E-Newsletters

We value your privacy. Your email address will not be shared.