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 Technical Analysis for CHF

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fxpulsation



Posts : 8759
Join date : 2012-01-25

PostSubject: Technical Analysis for CHF   Fri Mar 07, 2014 8:31 am



Technical Analysis for CHF

The USDCHF had a bearish momentum yesterday bottomed at 0.8794. The bias is bearish in nearest term testing 0.8775 – 0.8700. Immediate resistance is seen around 0.8845. A clear break above that area could lead price to neutral zone in nearest term as direction would become unclear. Fundamental focus today will be on the US NFP report.

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