USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9835; (P) 0.9910; (R1) 0.9959; More… USD/CHF’s pull back from 1.0063 extends lower today and there is no sign of bottoming yet. Intraday bias stays on the downside. Sustained break of 38.2% retracement of 0.9193 to 1.0063 at 0.9731 will target 55 day EMA (now at 0.9583). But downside should be contained […]

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