Tuesday, February 25, 2014

USD/CHF Daily Outlook

USD/CHF is staying in consolidation above 0.8852 temporary low and intraday bias stays neutral. Deeper decline is expected with 0.8938 minor resistance intact. But considering bullish convergence condition in 4 hours MACD, we'd expect strong support above 0.8799 to bring rebound. On the upside, above 0.8938 minor resistance will turn



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