Friday, May 30, 2014

USD/CHF Mid-Day Outlook

USD/CHF continues to lose upside momentum. But still, as long as 0.8937 minor support holds, further rise is 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 a double bottom reversal yet. We'd still prefer



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