USDCHF Daily Forecast Oct 13 2013

Outlook in USDCHF remains neutral with risk to the downside as long as resistance  0.9565 holds on a daily closing basis , support comes at the 0.9460 levels , losing this level would open 0.9410 next , further downside will pave the way towards the 0.0.9333 levels.

On the upside , break of 0.9565 levels on a daily basis , should weaken the pullback scenario , to restore the upside momentum ,  0.9686 should be taken out on a daily closing basis , If seen , focus will be on the 0.9750 levels ahead of the 0.9840 levels .

In all , as long as resistance 0.9565 holds on a daily closing basis , outlook in USDCHF remains on the downside towards the 0.9460 levels ahead of the 0.9410 levels , above 0.9565 will bring rebound towards the 0.9686 levels before the next possible fall.

 

USDCHF Daily Forecast Oct 13 2013

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