USDCHF Daily Forecast Mar 27 2014

The USDCHF continued its bullish momentum yesterday , printed support at the 0.8822 levels .This development leaves the pair targeting the 0.8878 levels where a breach is likely , If seen ,It will target the 0.8915 levels , a break will open the 0.8975 levels , further upside will aim the 0.9035 levels.

On the downside , support comes at the 0.8822 levels ahead of 0.8799( main ) , losing this level on a daily closing basis should weaken the current bullish run and open 0.8755/0.8698 levels.

In all , as long as support 0.8799/0.8822 holds on a daily closing basis , the USDCHF will remain based to the upside towards the 0.8975 levels , losing 0.8799 will open 0.8755/0.8698 levels.

 

 

USDCHF Daily Forecast Mar 27 2014

MARKET DATA

UPCOMING ECONOMIC EVENTS