Fri, 22th of August, 2008
By Setyo Wibowo (analyst@fxinstructor.com)

EURUSD Outlook
Yesterday the daily CCI gave us a valid warning about an upside correction potential of EURUSD. The pair topped at 1.4907 and closed at 1.4896. I am expecting further upside scenario towards 1.4975. We have a valid bullish channel on hourly and 4h chart. As long as these channels are not violated we still have a potential further bullish scenario. Immediate support is seen at 1.4820 followed by 1.4750. Initial resistance at 1.4925 followed by 1.4975. CCI just cross 100 line down on hourly chart and in overbought area on 4h chart suggesting a downside risks as the pair is traded near the  bullish channel resistance line.

EURUSD Daily Supports and Resistances:

• S1= 1.4782
• S2= 1.4668
• S3= 1.4606
• R1= 1.4958
• R2= 1.5020
• R3= 1.5134

GBPUSD Outlook
Yesterday the Sterling recovered against Greenback. The GBPUSD was corrected higher, topped at 1.8793 and closed at 1.8776. Technically this fact open the door for a further upside correction move towards 1.8960 area. Immediate support is seen at 1.8740 followed by 1.8666. Initial resistance at 1.8850. We have a valid bullish channel on hourly and 4h chart. As long as these channels are not violated we still have a potential further bullish correction scenario. CCI just cross 100 line down on hourly chart and in overbought area on 4h chart suggesting a downside risks towards bullish channel support line.

GBPUSD Daily Supports and Resistances:

• S1= 1.8657
• S2= 1.8539
• S3= 1.8471
• R1= 1.8843
• R2= 1.8911
• R3= 1.9029

USDJPY Outlook
Yesterday the Greenback slumped against Japanese Yen. The pair bottomed at 108.13 and closed at 108.47. My model is mixed with downside bias. A consistent move below 108.50 would open the door towards 107.35. Immediate support is seen at 108.11. Initial resistance at 108.90 followed by 109.50. CCI about to cross -100 line up on 4h chart suggesting an upside risks.

USDJPY Daily Supports and Resistances:

• S1= 107.79
• S2= 107.11
• S3= 106.10
• R1= 109.48
• R2= 110.49
• R3= 111.17

USDCHF Outlook
Like all other major currencies, yesterday the Swiss Franc was traded stronger against Greenback. The pair breakout to the downside from ranging area, bottomed at 1.0842 and closed at 1.0864. My model is mixed with downside bias. Immediate support is seen at 1.0828. Initial resistance at 1.0896 followed by 1.0930. CCI about to cross -100 line up on 4h chart suggesting an upside risks.

USDCHF Daily Supports and Resistances:

• S1= 1.0805
• S2= 1.0746
• S3= 1.0651
• R1= 1.0959
• R2= 1.1054
• R3= 1.1113

Have a great weekend!

Thu, 21th of August, 2008
By Setyo Wibowo (analyst@fxinstructor.com)

EURUSD Outlook
Yesterday the EURUSD attempted to push lower, bottomed at 1.4672, but failed to continue this bearish momentum by closed higher at 1.4743. Early today in Asian market, the pair is traded around 1.4780 at the time I wrote this comment. The pair is making a new soft bullish channel and CCI about to cross 100 line up suggesting a possibility of another soft bullish correction on 4h chart. My model goes mixed with neutral bias.  Immediate support is seen at 1.4720 followed by 1.4672 (yesterday’s low). Initial resistance at 1.4820 followed by 1.4875. CCI just cross -100 line up on daily chart suggesting a potential bullish correction.

EURUSD Daily Supports and Resistances:

• S1= 1.4674
• S2= 1.4606
• S3= 1.4540
• R1= 1.4808
• R2= 1.4874
• R3= 1.4942

GBPUSD Outlook
Similar to EURUSD, yesterday the GBPUSD attempted to go lower, bottomed at 1.8539 but closed higher at 1.8613. We have a ranging market between 1.8722 and 1.8536 on 4h chart from the beginning of this week and need a breakout. I am expecting an upside breakout as a correctional move at least at 1.8750 resistance level since we don’t have a significant upside correction so far. Immediate support is seen at 1.8580. CCI just cross -100 line up on daily chart suggesting a potential bullish correction. Eyes on UK Retail Sales data today.

GBPUSD Daily Supports and Resistances:

• S1= 1.8540
• S2= 1.8467
• S3= 1.8396
• R1= 1.8684
• R2= 1.8755
• R3= 1.8828

USDJPY Outlook
Yesterday the USDJPY made no significant movement. The pair topped at 110.27 and bottomed at 109.60. My model remains mixed with neutral bias. We have a soft bearish channel on 4h chart and CCI just cross -100 line down suggesting a soft bearish correction potential. Immediate support is seen at 109.30 followed by 108.50. Initial resistance at 110.27 (yesterday’s high).

USDJPY Daily Supports and Resistances:

• S1= 109.54
• S2= 109.23
• S3= 108.87
• R1= 110.21
• R2= 110.57
• R3= 110.88

USDCHF Outlook
Yesterday the Swiss Franc wad traded weaker against Greenback. The pair topped at 1.1039 and closed at 1.0985. We have a ranging market between 1.0872 and 1.1039 since 14/08/2008. My model is mixed with neutral bias. Any breakout from ranging area would give us a clearer direction. CCI just cross 100 line down on daily chart suggesting a potential bearish correction.

USDCHF Daily Supports and Resistances:

• S1= 1.0908
• S2= 1.0831
• S3= 1.0766
• R1= 1.1050
• R2= 1.1115
• R3= 1.1192

Have a great day!

Wed, 20th of August, 2008
By Setyo Wibowo (analyst@fxinstructor.com)

EURUSD Outlook
The EURUSD was corrected higher yesterday. The pair topped at 1.4795 and closed at 1.4781. We have a new bullish channel on hourly chart and might see another upside correctional movement today. Immediate resistance is seen at 1.4820. An upside break out from that level could trigger further bullish scenario towards 1.4975. Immediate support at 1.4757 followed by 1.4720. CCI just cross -100 line up on daily chart, suggesting a potential bullish correction.

EURUSD Daily Supports and Resistances:

• S1= 1.4675
• S2= 1.4569
• S3= 1.4509
• R1= 1.4841
• R2= 1.4901
• R3= 1.5007

GBPUSD Outlook
The GBPUSD also had a minor upside correction yesterday. The pair topped at 1.8680 and closed at 1.8666. The key level at this phase is 1.8750. An upside break from that level could trigger further bullish scenario. My model remains mixed with neutral bias. Immediate support is seen at 1.8616. Initial resistance at 1.8715. CCI about to cross -100 line up on daily chart suggesting a potential bullish correction.

GBPUSD Daily Supports and Resistances:

• S1= 1.8574
• S2= 1.8483
• S3= 1.8430
• R1= 1.8718
• R2= 1.8771
• R3= 1.8862

USDJPY Outlook
Yesterday the USDJPY continued it’s soft correctional bearish momentum. The pair bottomed at 109.56 and closed at 109.66. My model remains mixed with neutral bias. Immediate support is seen at 109.30. A further downside break from that support level could open the door towards 108.50. Initial resistance at 109.98. CCI in neutral area on daily chart.

USDJPY Daily Supports and Resistances:

• S1= 109.37
• S2= 109.08
• S3= 108.60
• R1= 110.14
• R2= 110.62
• R3= 110.91

USDCHF Outlook
The USDCHF was also corrected lower yesterday. The pair bottomed at 1.0895 and closed at 1.0913. We might see another downside correctional move today. Immediate support is seen at 1.0890 followed by 1.0830. Initial resistance at 1.0940. CCI just cross 100 line down on daily chart suggesting a potential bearish correction.

USDCHF Daily Supports and Resistances:

• S1= 1.0861
• S2= 1.0810
• S3= 1.0725
• R1= 1.0997
• R2= 1.1082
• R3= 1.1133

Have a great day!

Tue, 19th of August, 2008
By Setyo Wibowo (analyst@fxinstructor.com)

EURUSD Outlook
Yesterday the EURUSD made indecisive movement by opened and closed at almost the same price (1.4682 and 1.4677). The pair had a minor upside correction, topped at 1.4767 but failed to maintain bullish correction and dropped lower again. My model is mixed with neutral bias. Immediate resistance is seen at 1.4720 followed by 1.4767 (yesterday’s high). A consistent move above 1.4767 level could open the door for a further upside correctional move towards 1.4820 then 1.4975. Initial support at 1.4658 followed by 1.4614. CCI in neutral area on 4h chart.

EURUSD Daily Supports and Resistances:

• S1= 1.4643
• S2= 1.4610
• S3= 1.4548
• R1= 1.4738
• R2= 1.4800
• R3= 1.4833

GBPUSD Outlook
The GBPUSD didn’t make a significant move yesterday. The pair attempted to make a higher correction, topped at 1.8722 but closed lower at 1.8618. My model remains mixed with neutral bias. Immediate resistance is seen at 1.8673 followed by 1.8722 (yesterday’s high). Initial support at 1.8611 followed by 1.8562. CCI in neutral area on 4h chart.

GBPUSD Daily Supports and Resistances:

• S1= 1.8583
• S2= 1.8548
• S3= 1.8479
• R1= 1.8687
• R2= 1.8756
• R3= 1.8791

USDJPY Outlook
The USDJPY made a little movement of 51 pips yesterday. The pair topped at 110.47 and bottomed at 109.96. My model is mixed with neutral bias. Immediate support is seen at 109.60 followed by 109.30. Initial resistance at 110.50. CCI just cross 100 line down on daily chart, suggesting a potential bearish correction.

USDJPY Daily Supports and Resistances:

• S1= 109.93
• S2= 109.69
• S3= 109.42
• R1= 110.44
• R2= 110.71
• R3= 110.95

USDCHF Outlook
The USDCHF also didn’t make a significant movement yesterday. On hourly chart, we can see that the pair is traded in ranging market of 1.1007 and 1.0911. My model is mixed with neutral bias. A break out the downside could trigger further bearish correction towards 1.0822 area, while an upside break open the door towards 1.1120. CCI in neutral area on 4h chart.

USDCHF Daily Supports and Resistances:

• S1= 1.0928
• S2= 1.0873
• S3= 1.0836
• R1= 1.1020
• R2= 1.1057
• R3= 1.1112

Have a great day!

Mon, 18th of August, 2008
By Setyo Wibowo (analyst@fxinstructor.com)

EURUSD Outlook
The EURUSD continued it’s bearish momentum on Friday. The pair bottomed at 1.4658 and closed at 1.4688. Early today in Asian market, the pair made a minor upside correction and traded around 1.4730 at the time I wrote this comment. My model is mixed with neutral bias. Immediate resistance is seen at 1.4757 followed by 1.4820. An upside break from 1.4820 could trigger further correction towards 1.4975. Initial support at 1.4658 followed by 1.4614. CCI just cross -100 line up on 4h chart suggesting a potential bullish correction.

EURUSD Daily Supports and Resistances:

• S1= 1.4629
• S2= 1.4570
• S3= 1.4483
• R1= 1.4775
• R2= 1.4862
• R3= 1.4921

GBPUSD Outlook
The bearish momentum of the GBPUSD seemed to losing it’s power on Friday as the pair made an upside correction, closed at 1.8661 after attempted to push lower by bottomed at 1.8511. My model goes mixed with neutral bias. Immediate resistance is seen at 1.8750 followed by 1.8790. Initial support is seen at 1.8630.

GBPUSD Daily Supports and Resistances:

• S1= 1.8553
• S2= 1.8445
• S3= 1.8380
• R1= 1.8726
• R2= 1.8791
• R3= 1.8899

USDJPY Outlook
The USDJPY continued it’s bullish momentum on Friday. The pair topped at 107.66 (11 pips lower from my long target at 107.77) and closed at 110.50. However, the pair corrected early today in Asian market, traded at 110.20 at the time I wrote this comment. My model is mixed with neutral bias. Immediate support is seen at 109.58. Initial resistance at 107.77.

USDJPY Daily Supports and Resistances:

• S1= 109.86
• S2= 109.22
• S3= 108.82
• R1= 110.90
• R2= 111.30
• R3= 111.94

USDCHF Outlook
The bullish momentum of USDCHF was limited on Friday. The pair closed at 1.0959 after attempted to push higher by topped at 1.1007. My model is mixed with neutral bias. Immediate support is seen at 1.0906 followed by 1.0858. Initial resistance at 1.1007 (Friday’s high) followed by 1.1050.

USDCHF Daily Supports and Resistances:

• S1= 1.0930
• S2= 1.0901
• S3= 1.0863
• R1= 1.0997
• R2= 1.1035
• R3= 1.1064

Have a great day!

Fri, 15th of August, 2008
By Setyo Wibowo (analyst@fxinstructor.com)

EURUSD Outlook
Yesterday The EURUSD continued it’s bearish momentum. The pair bottomed at 1.4777 and closed at 1.4801. I am expecting this bearish scenario continue today. We have a new bearish channel on hourly chart. My model goes short targeting 1.4614. Immediate resistance is seen at 1.4825 followed by 1.4870. CCI just cross -100 line up on hourly chart so we might have a minor upside correction.

EURUSD Daily Supports and Resistances:

• S1= 1.4735
• S2= 1.4670
• S3= 1.4563
• R1= 1.4907
• R2= 1.5014
• R3= 1.5079

GBPUSD Outlook
Yesterday the GBPUSD made indecisive movement by open and closed at almost the same price (1.8692 and 1.8684). We still have a valid bearish channel on hourly chart, so the bias is still on bearish side. Immediate resistance is seen at 1.8707 followed by 1.8741. Initial support at 1.8630 followed by 1.8570. CCI about to cross -100 line up on hourly chart so we might have a minor upside correction.

GBPUSD Daily Supports and Resistances:

• S1= 1.8606
• S2= 1.8529
• S3= 1.8439
• R1= 1.8773
• R2= 1.8863
• R3= 1.8940

USDJPY Outlook
Yesterday the USDJPY back in it’s bullish momentum after corrected lower on Tuesday. The pair topped at 109.98 and closed at 109.77. My model goes long targeting 110.77. Immediate support is seen at 109.60. CCI in overbought area on daily chart so we might have a minor downside correction. Use only tight money management at this phase. Wait a confirmation on your indicators/oscillators to find long position.

USDJPY Daily Supports and Resistances:

• S1= 109.20
• S2= 108.63
• S3= 108.24
• R1= 110.16
• R2= 110.55
• R3= 111.12

USDCHF Outlook
After 2 days of no significant movement, yesterday the USDCHF back in it’s bullish scenario. The pair break out to the upside of ranging market (1.0924/1.0825), topped at 1.0980 and closed at 1.0943. My model goes long, targeting 1.1050. Immediate support is seen at 1.0924. CCI just cross 100 line down on hourly chart so we might have a minor downside correction.

USDCHF Daily Supports and Resistances:

• S1= 1.0858
• S2= 1.0773
• S3= 1.0712
• R1= 1.1004
• R2= 1.1065
• R3= 1.1150

Have a great weekend!

Thu, 14th of August, 2008
By Setyo Wibowo (analyst@fxinstructor.com)

EURUSD Outlook
Yesterday The EURUSD made indecisive movement by open and closed at almost the same price (1.4914 and 1.4921). The pair failed stay above key level 1.4975. My strategy remains the same, that as long as the pair stay below that key level, the bias is still on the bearish side. Immediate resistance is seen at 1.4930 followed by 1.4975. Further upside break would open the door to 1.5083. Initial support at 1.4850 followed by 1.4815. CCI in neutral area on both hourly and 4h chart.

EURUSD Daily Supports and Resistances:

• S1= 1.4848
• S2= 1.4775
• S3= 1.4709
• R1= 1.4987
• R2= 1.5053
• R3= 1.5126

GBPUSD Outlook
Yesterday the GBPUSD continued it’s bearish momentum. The pair bottomed at 1.8644 and closed at 1.8693. I am expecting this bearish momentum to be continue today. My model goes short, targeting 1.8590 and then 1.8520. Immediate resistance is seen at 1.8750. CCI in oversold area on 4h chart, so we might see a minor upside pullback today.

GBPUSD Daily Supports and Resistances:

• S1= 1.8546
• S2= 1.8400
• S3= 1.8156
• R1= 1.8936
• R2= 1.9180
• R3= 1.9326

USDJPY Outlook
Yesterday the USDJPY failed to make further downside correction move. The pair bottomed at 108.36 before whipsawed to the upside and made a new high of the day at 109.73 and closed at 109.49. My model is mixed with upside bias. A consistent movement above 109.50 area could trigger further bullish scenario back towards 110.34. Immediate support is seen at 108.90 followed by 108.50. Initial resistance at 109.73 (yesterday’s high). CCI in neutral area on both hourly and 4h chart.

USDJPY Daily Supports and Resistances:

• S1= 108.65
• S2= 107.82
• S3= 107.28
• R1= 110.02
• R2= 110.56
• R3= 111.39

USDCHF Outlook
The USDCHF made no significant movement yesterday. On the hourly chart, we can see that the pair move in a ranging market between 1.0924 and 1.0825. A break out to the upside would trigger further upside scenario towards 1.0990 while a break out to the downside open the door for further correction towards 1.0740. CCI in neutral area both on hourly and 4h chart.

USDCHF Daily Supports and Resistances:

• S1= 1.0809
• S2= 1.0768
• S3= 1.0712
• R1= 1.0906
• R2= 1.0962
• R3= 1.1003

Have a great day!

Wed, 13th of August, 2008
By Setyo Wibowo (analyst@fxinstructor.com)

EURUSD Outlook
After attempted to move lower and bottomed at 1.4815, yesterday the EURUSD recovered, made a new high of the day, topped at 1.4963 and closed at 1.4913. My hourly chart bearish channel has been violated, so we might still have further upside correctional move. In the nearest term, as long as the pair move above 1.4975, the bias is still bearish. A break to the upside of that level could trigger further correctional movement towards 1.5080 area. Immediate resistance is seen at 1.4975. Initial support at 1.4880 followed by 1.4815 (yesterday’s low).

EURUSD Daily Supports and Resistances:

• S1= 1.4831
• S2= 1.4749
• S3= 1.4683
• R1= 1.4979
• R2= 1.5045
• R3= 1.5127

GBPUSD Outlook
Yesterday the GBPUSD continued it’s bearish momentum. The pair hit my short target at 1.9024, even further, bottomed at 1.8952 and closed at 1.8958. My model is mixed with downside bias. Immediate support is seen at 1.8920 followed by 1.8870. Initial resistance at 1.9024 followed by 1.9070.

GBPUSD Daily Supports and Resistances:

• S1= 1.8900
• S2= 1.8842
• S3= 1.8732
• R1= 1.9068
• R2= 1.9178
• R3= 1.9236

USDJPY Outlook
Yesterday the warning of declining bullish momentum showed by hanging man candle stick pattern come to reality. The USDJPY corrected lower, bottomed at 109.21 and closed at 109.30. We might see another downside pullback today. My model is mixed with neutral bias. Immediate support is seen at 108.50. Initial resistance at 109.50. CCI just cross -100 line down on daily chart, suggesting a potential bearish view.

USDJPY Daily Supports and Resistances:

• S1= 108.89
• S2= 108.48
• S3= 107.76
• R1= 110.02
• R2= 110.74
• R3= 111.15

USDCHF Outlook
Yesterday the USDCHF made indecisive movement by open and closed at almost the same price (1.0871 and 1.0865). Although in the nearest term the bias is still bullish, this fact could be an indication of potential downside correctional move. My model is mixed with neutral bias. Immediate support is seen at 1.0828 followed by 1.0775. Initial resistance at 1.0900.

USDCHF Daily Supports and Resistances:

• S1= 1.0820
• S2= 1.0776
• S3= 1.0724
• R1= 1.0916
• R2= 1.0968
• R3= 1.1012

Have a great day!

Tue, 12th of August, 2008
By Setyo Wibowo (analyst@fxinstructor.com)

EURUSD Outlook
Yesterday the bearish momentum of EURUSD was still intact. The pair attempted to move higher as a correctional move earlier yesterday, topped at 1.5083, but whipsawed, back to it’s bearish trend, bottomed at 1.4879 and closed at 1.4893. We have a valid bearish trend line/channel on hourly and 4h chart. My model remains short, targeting 1.4778. Immediate resistance is seen at 1.4930 followed by 1.4975.

EURUSD Daily Supports and Resistances:

• S1= 1.4820
• S2= 1.4747
• S3= 1.4616
• R1= 1.5024
• R2= 1.5155
• R3= 1.5228

GBPUSD Outlook
Yesterday the GBPUSD made an upside correction, topped at 1.9255, but this correctional movement quickly lose it’s momentum as the pair went back to the downside, bottomed at 1.9065 and closed at 1.9101. We have a valid bearish trend line/channel on hourly and 4h chart. My model remains short, targeting 1.9024 and then 1.8930. Immediate resistance is seen at 1.9125.

GBPUSD Daily Supports and Resistances:

• S1= 1.9025
• S2= 1.8950
• S3= 1.8835
• R1= 1.9215
• R2= 1.9330
• R3= 1.9405

USDJPY Outlook
Yesterday the USDJPY bullish momentum seemed limited. We have a hanging man candle stick formation on daily chart that could be a warning of decline momentum of the bullish view. My model is mixed with neutral bias.  Immediate resistance is seen at 110.40 (yesterday’s high). Initial support is seen at 109.50. CCI in overbought area on daily chart.

USDJPY Daily Supports and Resistances:

• S1= 109.63
• S2= 109.15
• S3= 108.77
• R1= 110.49
• R2= 110.87
• R3= 111.35

USDCHF Outlook
Yesterday the USDCHF attempted to push lower, bottomed at 1.0741 but this correctional downside movement was very limited as the pair whipsawed to the upside, made a new high of the day at 1.0880. My model remains long targeting 1.0965. Immediate support is seen at 1.0850 followed by 1.0802.

USDCHF Daily Supports and Resistances:

• S1= 1.0780
• S2= 1.0691
• S3= 1.0641
• R1= 1.0919
• R2= 1.0969
• R3= 1.1058

Have a great day!

Mon, 11th of August, 2008
By Setyo Wibowo (analyst@fxinstructor.com)

EURUSD Outlook
Friday the Greenback continued it’s positive trend and probably most influenced by the sharp decline of oil price by more than $30 in the last 4 weeks. We had a huge bearish movement of 337 pips. The pair topped at 1.5334, bottomed at 1.4997 and closed at 1.5006. We had a gap early today as the pair opened at 1.4942 today at Asian market, bottomed at 1.4918 (temporarily?), corrected upside and topped at 1.4992 and traded around 1.4970 at the time I wrote this commentary. My model is short, targeting 1.4865. The pair should maintain a consistent move below key level 1.4975 to keep the bearish continuation intact in the nearest term. Immediate resistance is seen at 1.5030. CCI in oversold area on daily and weekly chart suggesting that the pair bearish move might have exhausted, but just cross 100 line down on monthly chart suggesting a potential bearish view of this month.

EURUSD Daily Supports and Resistances:

• S1= 1.4890
• S2= 1.4775
• S3= 1.4553
• R1= 1.5227
• R2= 1.5449
• R3= 1.5564

GBPUSD Outlook
The Greenback also continue a positive trend against the Sterling on Friday. The pair move 292 pips, topped only at 1.9437, bottomed at 1.9145 and closed at 1.9211. Technically speaking from a broader view, after broke the 1.9206 resistance level, the pair is targeting 1.8757 area. My model is short targeting 1.9024. Immediate resistance is seen at 1.9206. CCI in oversold area on daily and weekly chart, suggesting that the bearish momentum might have exhausted, but just cross the -100 line down on monthly chart, suggesting a potential bearish view for this month.

GBPUSD Daily Supports and Resistances:

• S1= 1.9091
• S2= 1.8972
• S3= 1.8799
• R1= 1.9383
• R2= 1.9556
• R3= 1.9675

USDJPY Outlook
The USDJPY continued it’s bullish momentum on Friday. The pair topped at 110.36 and closed at 110.16. Early today in Asian market the pair had a minor downside correction, bottomed at 109.61 (temporarily?) and traded around 109.90 at the time I wrote this commentary. My model is mixed with upside bias. Immediate support is seen at 109.50. Initial resistance at 110.36 (Friday’s high). A break to the upside would trigger further bullish movement towards 111.50 area. CCI in overbought area on both daily and weekly chart.

USDJPY Daily Supports and Resistances:

• S1= 109.52
• S2= 108.88
• S3= 108.46
• R1= 110.58
• R2= 111.00
• R3= 111.64

USDCHF Outlook
Like all other major currencies, Friday the Swiss Franc slumped against US Dollar. The pair topped at 1.0835 and closed at 1.0822. My model goes long targeting 1.0890. Immediate support is seen at 1.0780 followed by 1.0730. CCI in overbought area both on daily and weekly chart, suggesting the bullish momentum might have exhausted, but just cross -100 line up on monthly chart, suggesting a potential bullish view for this month.

USDCHF Daily Supports and Resistances:

• S1= 1.0675
• S2= 1.0528
• S3= 1.0448
• R1= 1.0902
• R2= 1.0982
• R3= 1.1129

Have a great day!