Wednesday, May 28, 2014

USD/CHF Mid-Day Outlook

USD/CHF's rally continues to 0.8988 so far today. Upside momentum remains unconvincing. But as long as 0.8937 minor support holds, further rise is still expected. A double bottom (0.8698, 0.8702) could have formed which indicates trend reversal. But so far, we're not seeing the momentum needed in a double bottom



Continue Read...

0 comments:

Post a Comment

Site Search