Tuesday, September 17, 2013

USD/CHF Daily Outlook

With 0.9341 minor resistance intact, further fall is still expected in USD/CHF towards 0.9146 support. Overall, the pair is still bounded in converging range since 0.9971 and we'd expect more sideway trading in near term. Above 0.9371 will turn bias back to the upside and break of 0.9455 will bring another rally towards 0.9751 resistance.



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