USDCHF Daily Forecast Aug 26 2014

Outlook in USDCHF remains on the upside as long support 0.9089/0.9103 holds on a daily closing basis , resistance comes at the 0.9185 levels , a halt is likely but a break would open 0.9235 next , further upside will aim the 0.9280 levels…

On the downside , support comes at the 0.9103 levels ahead of the 0.9089 levels (main) , a clear break below the 0.9089 levels will turn outlook neutral for retesting the 0.9020 levels before the next rise…

In all , as long as support¬†¬†0.9089/0.9103 holds on a daily closing basis , outlook in USDCHF remains on the upside towards the 0.9185 levels and possible higher towards the 0.9235 levels, below 0.9089 levels will reverse risk towards the 0.9020 levels before the next rise….

 

USDCHF Daily Forecast Aug 26 2014

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