Daily Pivots: (S1) 0.8823; (P) 0.8840; (R1) 0.8858; More…. Downside momentum is diminishing in USD/CHF. But with 0.8892 minor resistance intact, intraday bias stays mildly on the downside. Current fall should target 61.8% projection of 0.9901 to 0.8998 from 0.9304 at 0.8746 next. On the upside, break of 0.8892 minor resistance will indicate short term
The post USD/CHF Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 0.8823; (P) 0.8840; (R1) 0.8858; More…. Downside momentum is diminishing in USD/CHF. But with 0.8892 minor resistance intact, intraday bias stays mildly on the downside. Current fall should target 61.8% projection of 0.9901 to 0.8998 from 0.9304 at 0.8746 next. On the upside, break of 0.8892 minor resistance will indicate short term […]
The post USD/CHF Mid-Day Outlook appeared first on Action Forex.