USDCHF Daily Forecast Nov 25 2014

Outlook in USDCHF has turned neutral with risk to the upside , support comes at the 0.9662 levels , a failure to hold below the 0.9662 levels on a daily closing basis could mean a return to the 0.9750 levels where a breach will turn focus on the 0.9838 levels , further upside will aim the 0.9900/1.000 levels.

On the downside , support comes at the 0.9662 levels , losing this level on a daily closing basis will bring a corrective pullback towards the 0.9529 levels before the next possible rise , below 0.9529 will aim the 0.9441/0.9360 levels.

In all , as long as support 0.9662 holds on a daily closing basis , outlook in USDCHF remains on the upside towards the  0.9741/0.9840 levels where a breach will turn focus on the 0.9900/1.000 levels . Below 0.9662 will bring a corrective pullback towards the 0.9529 levels before the next possible rise.

 

USDCHF Daily Forecast Nov 25 2014

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