Saturday, February 1, 2014

USD/CHF Weekly Outlook

USD/CHF's rebound from 0.8903 extended higher last week but such rebound displayed a corrective structure so far. Initial bias remains neutral first. The pattern from 0.9156 is either resuming larger fall, or a consolidation to rebound from 0.8799. In either case, break of 0.9156 is needed to confirm upside momentum.



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