USDCHF Daily Forecast Oct 14 2015

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Outlook in USDCHF remains on the downside as long as 0.9615/0.9656 resistance holds on a daily closing basis support comes at the 0.9545 levels, a cut below 0.9545 will open 0.9390 next, further down, support comes at the 0.9295 levels.

On the upside, resistance comes at the 0.9615/0.9656 levels, a break will turn outlook neutral for retesting 0.9765 levels before the next fall.

Conclusion: The USDCHF continues to face downside threats in the short term below the 0.9656 levels. Above 0.9656 faces a recovery risk towards 0.9765 before the next fall.

 

USDCHF Daily Forecast Oct 14 2015

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