USDCHF Daily Forecast Dec 15 2014

swiss65
swiss65

Outlook in USDCHF has turned to the downside as long as 0.9700 resistance holds on a daily closing basis , support comes at the 0.9618 levels where a cut will open 0.9565 levels , a halt is likely , but losing this level will open 0.9500 next , further down will pave the way towards the 0.9420 levels.

On the upside , resistance comes at the 0.9700 levels , a clear break above the 0.9700 levels will restore the upside momentum and open 0.9817 levels , a halt could be seen , but If this resistance is taken out , further gains are likely towards the 0.9900 levels ahead of the 1.000 levels.

In all , as long as 0.9700 resistance holds on a daily closing basis , outlook in USDCHF remains on the downside towards the 0.9565 levels before the next possible rise , a clear break above the 0.9700 levels will open 0.9817/0.9900 levels.

 

USDCHF Daily Forecast Dec 15 _2015

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