Daily Pivots: (S1) 0.8973; (P) 0.8988; (R1) 0.9005; More…. USD/CHF’s rally extends to as high as 0.9030 so far today. Break of 0.8998 support turned resistance argues that it’s now, at least, correcting the whole decline from 0.9901 to 0.8756. Intraday bias stays on the upside for 38.2% retracement of 0.9901 to 0.8756 at 0.9193.
The post USD/CHF Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 0.8973; (P) 0.8988; (R1) 0.9005; More…. USD/CHF’s rally extends to as high as 0.9030 so far today. Break of 0.8998 support turned resistance argues that it’s now, at least, correcting the whole decline from 0.9901 to 0.8756. Intraday bias stays on the upside for 38.2% retracement of 0.9901 to 0.8756 at 0.9193. […]
The post USD/CHF Mid-Day Outlook appeared first on Action Forex.