Tuesday, May 27, 2014

USD/CHF Daily Outlook

Upside momentum in USD/CHF is unconvincing. But with 0.8896 minor support intact, further rise is still cautiously in favor. Sustained trading above 0.8952 will complete a double bottom (0.8698, 0.8702) and will indicate trend reversal. In such case, stronger rise should be seen to 0.9156 resistance for confirmation. On the



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