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USDCHF Weekly Forex Forecast

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USDCHF Weekly Forex Forecast Empty USDCHF Weekly Forex Forecast

Post by Bahu123 on Thu Nov 16, 2017 8:01 pm

The USDCHF closed above the 0.9894 – 0.9861 level of resistance. This puts the upside bias towards the next resistance level of 1.0088. We can expect to see a near term decline back to 0.9894 – 0.9861 level. This level could now be tested as support and could pave way for USDCHF to post further gains towards the 1.0088 resistance level. Failure to maintain the gains above the support level could signal a correction that will send USDCHF lower towards 0.9741 level of support.


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