USDCHF Daily Forecast Jan 19 2016

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Outlook in USDCHF remains neutral at the moment, the pair stays in a recovery mode as long as trades above the 0.9909/0.9827 levels on a daily closing basis, and further upside towards the 1.0079 levels couldn’t be ruled out, a halt is likely but a break would extend recovery towards the 1.0181 levels ahead of the 1.0262 levels before the next fall…

On the downside, support comes at the 0.9909 levels ahead of the 0.9827 levels(main), below 0.9827 levels faces a fall risk towards the 0.9730 levels where a cut will open 0.9593 levels…

Conclusion: The USDCHF continues to face recovery threats above the 0.9827 levels…

 

USDCHF Daily Forecast Jan 19 2016

MARKET DATA

UPCOMING ECONOMIC EVENTS