Daily Pivots: (S1) 0.8453; (P) 0.8488; (R1) 0.8516; More…. Intraday bias in USD/CHF remains neutral and outlook is unchanged. While recovery from 0.8332 short term bottom could extend higher, outlook will stay bearish as long as 0.8665 support turned resistance holds. On the downside, break of 0.8332 will resume larger fall from 0.9243 to 0.8257
USDCHF Outlook
Daily Pivots: (S1) 0.8447; (P) 0.8512; (R1) 0.8568; More…. No change in USD/CHF’s outlook and intraday bias stays neutral at this point. While recovery from 0.8332 short term bottom could extend higher, outlook will stay bearish as long as 0.8665 support turned resistance holds. On the downside, break of 0.8332 will resume larger fall from
Daily Pivots: (S1) 0.8447; (P) 0.8512; (R1) 0.8568; More…. Intraday bias in USD/CHF remains neutral for the moment. While recovery from 0.8332 short term bottom could extend higher, outlook will stay bearish as long as 0.8665 support turned resistance holds. On the downside, break of 0.8332 will resume larger fall from 0.9243 to 0.8257 projection
A short term bottom was in place at 0.8332 with last week’s rebound, but price actions from there are seen as a corrective pattern only. Initial bias in USD/CHF is neutral this week first. Outlook remains bearish with 0.8665 support turned resistance intact. On the downside, break of 0.8332 will resume larger fall from 0.9243
Daily Pivots: (S1) 0.8477; (P) 0.8503; (R1) 0.8528; More…. USD/CHF’s outlook is unchanged as price actions from 0.8332 are still seen as a corrective pattern only. Intraday bias stays neutral and outlook remains bearish with 0.8665 support turned resistance intact. On the downside, break of 0.8332 will resume larger fall from 0.9243 to 0.8257 projection
Daily Pivots: (S1) 0.8477; (P) 0.8503; (R1) 0.8528; More…. No change in USD/CHF’s outlook as price actions from 0.8332 are still seen as a corrective pattern only. Intraday bias stays neutral and outlook remains bearish with 0.8665 support turned resistance intact. On the downside, break of 0.8332 will resume larger fall from 0.9243 to 0.8257
Daily Pivots: (S1) 0.8467; (P) 0.8511; (R1) 0.8535; More…. Price actions from 0.8332 are still seen as a corrective pattern only. Intraday bias stays neutral and outlook remains bearish with 0.8665 support turned resistance intact. On the downside, break of 0.8332 will resume larger fall from 0.9243 to 0.8257 projection level. In the bigger picture