USDCHF Daily Forecast Sept 26 2014

Outlook in USDCHF has turned neutral with risk to the upside , support comes at the 0.9351 levels , a failure to hold below the 0.9351 levels on  a daily closing basis could mean a return to the 0.9515 levels where a breach will turn focus on the 0.9575 levels , a break will aim the 0.9650 levels , further upside will pave the way towards the 0.9735 levels..

On the downside , support lies at the 0.9351 levels , losing this level on a daily closing basis should weaken the current bullish run for retesting the 0.9300 levels before the next possible rise , however ; a clear break below 0.9300 will bring corrective pullback towards the 0.9175/0.9125 levels…

In all , as long as 0.9300/0.9350 holds on a daily closing basis , the USDCHF remains biased to the upside towards the towards the 0.9515/0.9575 levels , a clear break below 0.9300/0.9350 will bring corrective pullback towards the 0.9125/0.9175 levels before the next move..

 

USDCHF Daily Forecast Sept 26 2014

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