USD/CHF Daily Outlook

Jul 20 2010

Some more consolidations would possibly be seen in USD/CHF above 1.0399 temporary low. But still, short term outlook will remain bearish as long as 1.0674 resistance holds and another fall is in favor. Below 1.0399 will target outer trend line support (0.9634, 0.9916, now at 1.0014). However, considering bullish convergence