USDCHF Daily Forecast: January 09

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By swibowo | January 9, 2014 4:49 PM EST

Fx Instructor

USDCHF Forecast

The USDCHF continued its bullish momentum yesterday topped at 0.9127. The bullish momentum was not as strong as I had expected, but the bias remain bullish in nearest term testing 0.9190. Immediate support is seen around 0.9100. A clear break below that area could lead price to neutral zone in nearest term testing 0.9070/50 or lower but overall I still prefer a bullish scenario at this phase.

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