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Filed under: Market Analysis | 07/06/09 12:13am UTC
swibowo
Setyo Wibowo

USDCHF Daily Forecast: July 06

USDCHF Daily Forecast

The USDCHF had a moderate bullish momentum on Friday. Similar to the EURUSD, we do not have clear direction in medium term so far, but the fact that the trendline support hold and the triangle has been violated to the upside should trigger further upside pressure testing 1.0970 area. Immediate support at 1.0825 followed by 1.0780. CCI in neutral area on daily chart.

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