USDCHF Daily Forecast: July 19
USDCHF Forecast
The USDCHF had a bearish momentum yesterday bottomed at 0.9523. The bias remains bearish in nearest term testing 0.9450 but note that 0.9550 – 0.9450 remains a key support and good place to buy with a tight stop loss below 0.9450. Immediate resistance is seen around 0.9580. A clear break above that area could lead price to neutral zone in nearest term testing 0.9630 area but key resistance remains at 0.9700 – 0.9756 region. On the downside, a clear break and daily close below 0.9450 would expose 0.9250 region.
Source: http://fxinstructor.com/blog/usdchf-daily-forecast-july-19-7
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