USD/CHF gyrated lower last week with diminishing downside momentum. Initial bias stays on the downside this week first. Current down trend 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 bottoming, turn bias back to the upside for stronger
The post USD/CHF Weekly Outlook appeared first on Action Forex.
USD/CHF gyrated lower last week with diminishing downside momentum. Initial bias stays on the downside this week first. Current down trend 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 bottoming, turn bias back to the upside for stronger […]
The post USD/CHF Weekly Outlook appeared first on Action Forex.