USDCHF Daily Forecast Jul 17 2014

Outlook in USDCHF remains on the upside as long as support 0.8962 holds on a daily closing basis , resistance comes at the 0.8988 levels , a break would open 0.9025 next , further upside will pave the way towards the 0.9070 levels ahead of the 0.9120 levels…..

On the downside , support comes at the 0.8962 levels , losing this level on a daily basis will turn outlook neutral for retesting the 0.8930/0.8897 levels before the next rise……

In all , as long as support 0.8962 holds on a daily closing basis , outlook in USDCHF remains on the upside towards the 0.9025 levels and possible higher towards the 0.9070 levels, below the 0.8962 levels will delay the bullish move for retesting the 0.8930/0.8897 levels before the next possible rise……

 

USDCHF Daily Forecast Jul 17 2014

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