Tuesday, September 2, 2014

USD/CHF Mid-Day Outlook

USD/CHF reaches as high as 0.9211 so far today and intraday bias remains on the upside. Current rally would now target 61.8% projection of 0.8702 to 0.9036 from 0.8855 at 0.9395. On the downside, break of 0.9125 support is needed to signal short term topping. Otherwise, outlook will stay bullish in case of retreat.



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