Wednesday, January 29, 2014

USD/CHF Daily Outlook

USD/CHF faced some resistance from 4 hours 55 EMA and weakens mildly. But it's staying in range above 0.8903 temporary low. Intraday bias remains neutral first. But as noted before, the rebound from 0.8799 should have completed at 0.9156 already. Fall from there is expected to extend lower. Below 0.8903



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