USDCHF Daily Forecast Aug 22 2014

Outlook in USDCHF remains on the upside as long as support 0.9089 holds on a daily closing basis , resistance comes at the 0.9137 levels where a breach will turn focus on the 0.9170 levels , a halt is likely , but further upside will pave the way towards the 0.9210 levels ahead of the 0.9250 levels.

On the downside , support comes at the 0.9089 levels , sustained trading – losing this level on a daily closing basis will turn outlook neutral for retesting the 0.9057/0.9020 levels before the next rise…….

In all , as long as support 0.9089 holds on a daily closing basis , outlook in USDCHF remains on the upside towards the 0.9137 levels a head of the 0.9170/0.9210 levels , below 0.9089 will reverse risks towards the 0.9057/0.9020 levels before the next possible rise…….

 

USDCHF Daily Forecast Aug 22 2014

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