Wednesday, October 2, 2013

USD/CHF Mid-Day Outlook

No change in USD/CHF's outlook. Deeper fall is expected with 0.9117 minor resistance intact. Sustained trading below 0.9021 will pave the way to 0.8861 long term fibo support. On the upside, break of 0.9117 resistance is needed to signal short term bottoming. Otherwise, outlook stays bearish.



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