Sunday, December 29, 2013

USD/CHF Daily Outlook

With 0.9001 minor resistance intact, near term outlook in USD/CHF stays mildly bearish and deeper fall is expected. Sustained trading below long term fibonacci level of 0.8861 will pave the way to next fibonacci level at 0.8518. Meanwhile, break of 0.9001 is needed to indicate short term bottoming. Otherwise, outlook



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