USDCHF Daily Forecast Dec 08 2015

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Outlook in USDCHF remains neutral with risk to the downside as long as 1.0030 resistance holds on a daily closing basis, support comes at the 0.9875 levels, a halt is likely, but a cut would open 0.97730 next, further down, support comes at the 0.9595 levels…

On the upside, resistance comes at the 1.0030 levels, above 1.0030 faces a recovery risk towards the 1.0142/10.262 levels before the next fall…

Conclusion: The USDCHF continues to face downside risks below the 1.0030 levels….

 

USDCHF Daily Forecast Dec 08 2015

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