Daily Pivots: (S1) 0.9050; (P) 0.9065; (R1) 0.9087; More… USD/CHF is staying in consolidation above 0.9030 temporary low. Intraday bias remains neutral at this point. Further fall is expected as long as 0.9165 resistance holds. Below 0.9030 will target 0.8998 low first. Break will resume larger down trend for 61.8% projection of 0.9901 to 0.8998
The post USD/CHF Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 0.9050; (P) 0.9065; (R1) 0.9087; More… USD/CHF is staying in consolidation above 0.9030 temporary low. Intraday bias remains neutral at this point. Further fall is expected as long as 0.9165 resistance holds. Below 0.9030 will target 0.8998 low first. Break will resume larger down trend for 61.8% projection of 0.9901 to 0.8998 […]
The post USD/CHF Mid-Day Outlook appeared first on Action Forex.