Saturday, May 3, 2014

USD/CHF Weekly Outlook

USD/CHF remained bounded in range trading between 0.8742 and 0.8861 last week. Initial bias stays neutral this week first. Price actions from 0.8698 are viewed as a corrective pattern. And, the whole decline from 0.9838 is still in progress as there is no clear sign of reversal yet. Below 0.8742



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