USDCHF Weekly Forecast Jul 07 2014

Despite the bullish correction last week ,outlook in USDCHF remains neutral with risk to the downside , support comes at the 0.8900 levels ahead of the 0.8858 levels (main) , sustained trading – weekly closing – below the 0.8858 levels will bring a free fall towards 0.8772/0.8700 levels….further downside will aim the 0.8567 levels…

On the upside , resistance comes at the 0.9036 levels ( main ) , sustained trading – weekly closing – above the 0.9036 levels will reverse risks to the upside towards 0.9100/0.9155 levels…

In all, the USDCHF is likely to consolidate within 0.8858 / 0.9036 range before the next move…..

 

USDCHF Weekly Forecast Jul 07 2014

MARKET DATA

UPCOMING ECONOMIC EVENTS

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