Saturday, January 24, 2015

USD/CHF Weekly Outlook

USD/CHF's consolidation continued last week and might extend higher to 4 hours 55 EMA (now at 0.9040). But after all, we'd expect corrective trading to extend in near term and thus, will stay away from USD/CHF for the moment and assess the outlook later. Overall, Medium term rebound from 0.7070



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