USDCHF Daily Forecast Jan 26 2016

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Outlook in USDCHF remains on the upside as long as 1.0124/1.0065 support holds on a daily closing basis, resistance comes at the 1.0165 levels ahead of the 1.0262 levels, a halt is likely, but a break would open 1.0326 next, further upside, resistance comes at the 1.0400 levels….

On the downside, support comes at the 1.0124 levels ahead of the 1.0065 levels (main), below 1.0065 faces a pullback risk towards the 0.9909 levels before the next rise…

Conclusion: The USDCHF continues to face upside threats above the 1.0124/1.0065 levels…

 

USDCHF Daily Forecast Jan 26 2016

 

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