Wednesday, December 17, 2014

USD/CHF Daily Outlook

The retreat from 0.9817 should have finished at 0.9553 and intraday bias in USD/CHF is turned back to the upside for retesting 0.9817. Decisive break there is needed to confirm rally resumption. Otherwise, we'd expect more corrective trading ahead. Meanwhile, considering bearish divergence condition in daily MACD, break of 0.9529



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