USDCHF Daily Forecast Jul 31 2014

Outlook in USDCHF remains on the upside as long as support 0.8977/0.9026 holds on a daily closing basis , resistance comes at the 0.9130 levels , a halt is likely , but further gains will pave the way towards the 0.9200 levels ahead of the 0.9250 levels…

On the downside , support comes at the 0.9026 levels ahead of the 0.8977 levels (main) , losing this level on a daily closing basis will turn outlook neutral for retesting the 0.8962/0.8910 levels before the next rise…….

In all , as long as support 0.8977/0.9026 holds on a daily closing basis , outlook in USDCHF remains on the upside towards the 0.9130  levels and possible higher towards the 0.9200  levels , below 0.8977 will delay the bullish move for retesting the  0.8962/0.8910 levels before the next rise…….

 

USDCHF Daily Forecast Jul 31 2014

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