USDCHF Daily Forecast Sept 25 2014

The USDCHF continued its bullish momentum yesterday , printed support at the 0.9388 levels , this development leaves the pair targeting the 0.9500 levels , a halt is likely , but a break would open 0.9550 next , further upside will aim the 0.9610/0.9655 levels..

On the downside , support comes at the 0.9388 levels , below this level will open main support at the 0.9300 levels , a halt is likely , but losing the 0.9300 levels will turn outlook neutral and bring consolation above the 0.9125/0.9175 levels..

In all , as long as support 0.9388 holds on a daily closing basis , outlook in USDCHF remains on the upside towards the 0.9500 levels ahead of the 0.9550 levels , below the 0.9388/0.9300 will turn outlook neutral towards the 0.9125/0.9175  levels before the next rise…


USDCHF Daily Forecast Sept 25 2014