USD/CHF Daily Outlook

by Action Insight (All Reports) on July 30, 2010

At this point, intraday bias in USD/CHF remains on the downside and current decline from 1.1729 should now target outer trend line support (0.9634, 0.9916, now at 1.0020). On the upside, above 1.0458 minor resistance will turn intraday bias neutral and bring consolidations. But break of 1.0639 resistance is needed