USD/CHF Daily Outlook

Jul 23 2010

USD/CHF drew some support from 1.0399 low and recovers. But still, intraday bias remains cautiously on the downside and decisive break of 1.0399 will confirm that decline from 1.1729 has resumed. In such case, next target will be outer trend line support (0.9634, 0.9916, now at 1.0017). On the upside,