USDCHF Daily Forecast Aug 06 2014

The USDCHF continued its bullish momentum , printed support at the 0.9064 levels. This development leaves the pair targeting the 0.9180 levels , a halt is likely , but further upside will pave the way towards the 0.9270 levels ahead of the 0.9370 levels……

on the downside , support comes at the 0.9064 levels , losing this level on a daily closing basis will turn outlook neutral towards the 0.8977 levels before the next possible rise…….

In all , as long as support 0.9064 holds on a daily closing basis , outlook in USDCHF remains on the upside ¬†towards the 0.9180 levels ahead of the 0.9270 levels , below the 0.9064 levels will reverse risks towards the 0.8977 levels before the next possible rise……….

 

USDCHF Daily Forecast Aug 06 2014

MARKET DATA

UPCOMING ECONOMIC EVENTS