Monday, June 30, 2014

USD/CHF Daily Outlook

USD/CHF drops to as low as 0.8861 so far and intraday bias remains on the downside. As noted before, the consolidation pattern from 0.8698 is likely completed at 0.9036. Deeper fall should be seen back to 0.8698/8702 support zone. On the upside, above 0.8956 minor resistance will dampen this bearish



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