USDCHF Daily Forecast Mar 17 2015

swiss65
swiss65

Outlook in  USDCHF  remains on the upside as long as  1.000 support holds on a daily closing basis  , resistance comes at  the 1.0227 levels , a halt is likely , but a break would open 1.0500 next , further upside will target the 1.0830 levels.

On the downside , support comes at the 1.000 levels  , sustained breakout – daily closing – below 1.000 will suggest short term topping and bring a corrective pullback above the 0.9524/0.9288 levels before the next rise…

In all , as long as 1.000 support holds on a daily closing basis , outlook in USDCHF remains on the upside towards the 1.0277 levels ahead of  the 1.0500  levels , below 1.000 faces a pullback risk above the 0.9288/0.9524 levels before the next rise…

 

USDCHF Daily Forecast Mar 17 2015

MARKET DATA

UPCOMING ECONOMIC EVENTS