Thursday, May 29, 2014

USD/CHF Mid-Day Outlook

Intraday bias in USD/CHF remains the upside for the moment. Upside momentum remains unconvincing. But as long as 0.8937 minor support holds, further rise is still expected. A double bottom (0.8698, 0.8702) could have formed which indicates trend reversal. But so far, we're not seeing the powerful momentum needed in



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