Daily Pivots: (S1) 0.8863; (P) 0.8891; (R1) 0.8932; More…. No change in USD/CHF’s outlook and focus remains on 0.8918 resistance. Decisive break there will indicate short term bottoming, on bullish convergence condition in 4 hour MACD. Intraday bias will be turned back to the upside for stronger rebound, back towards 0.8998 support turned resistance. Though,
The post USD/CHF Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 0.8863; (P) 0.8891; (R1) 0.8932; More…. No change in USD/CHF’s outlook and focus remains on 0.8918 resistance. Decisive break there will indicate short term bottoming, on bullish convergence condition in 4 hour MACD. Intraday bias will be turned back to the upside for stronger rebound, back towards 0.8998 support turned resistance. Though, […]
The post USD/CHF Mid-Day Outlook appeared first on Action Forex.