Daily Pivots: (S1) 0.8308; (P) 0.8585; (R1) 0.8779; More…. Intraday bias in USD/CHF stays neutral at this point. Consolidation from 0.8332 is extending and stronger recovery cannot be ruled out. But outlook will stay bearish as long as 0.8665 support turned resistance holds. Break of 0.8332 will resume larger fall from 0.9243 to 138.2% projection
USDCHF Outlook
Daily Pivots: (S1) 0.8363; (P) 0.8409; (R1) 0.8462; More…. Intraday bias in USD/CHF remains neutral for consolidation above 0.8332. While stronger recovery cannot be ruled out, outlook will stay bearish as long as 0.8665 support turned resistance holds. Break of 0.8332 will resume larger fall from 0.9243 to 138.2% projection of 0.9111 to 0.8665 from
Daily Pivots: (S1) 0.8363; (P) 0.8409; (R1) 0.8462; More…. USD/CHF is staying in consolidation from 0.8332 and intraday bias remains neutral at this point. Stronger recovery cannot be ruled out, but outlook will stay bearish as long as 0.8665 support turned resistance holds. Break of 0.8332 will resume larger fall from 0.9243 to 138.2% projection
Daily Pivots: (S1) 0.8370; (P) 0.8412; (R1) 0.8490; More…. Intraday bias in USD/CHF is turned neutral with current recovery, and some consolidations would be seen above 0.8332 temporary low. Outlook will stay bearish as long as 0.8665 support turned resistance holds. Break of 0.8332 will resume larger fall from 0.9243 to 138.2% projection of 0.9111
Daily Pivots: (S1) 0.8377; (P) 0.8463; (R1) 0.8517; More…. Intraday bias in USD/CHF remains on the downside for the moment. Current fall from 0.9243 should target 138.2% projection of 0.9111 to 0.8665 from 0.8819 at 0.8203 next. On the upside, above 0.8438 minor resistance will turn intraday bias neutral first. But outlook will stay bearish
Daily Pivots: (S1) 0.8377; (P) 0.8463; (R1) 0.8517; More…. USD/CHF’s decline accelerates lower and intraday bias stays on the downside. Sustained break of 100% projection of 0.9111 to 0.8665 from 0.8819 at 0.8373 will pave the way to 138.2% projection at 0.8203. On the upside, above 0.8513 minor resistance will turn intraday bias neutral first.
Daily Pivots: (S1) 0.8518; (P) 0.8550; (R1) 0.8569; More…. USD/CHF’s decline resumes by breaching 0.8513 temporary low and intraday bias is back on the downside. Current fall should target 100% projection of 0.9111 to 0.8665 from 0.8819 at 0.8373 next. On the upside, above 0.8578 minor resistance will turn intraday bias neutral again. But outlook