Daily Pivots: (S1) 0.8453; (P) 0.8491; (R1) 0.8561; More… Focus remains on 0.8536 resistance in USD/CHF. Rejection by this resistance will retain near term bearishness. Break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. However, considering bullish convergence condition in 4H MACD, […]
The post USD/CHF Mid-Day Outlook appeared first on Action Forex.