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USDCHF Daily Forecast: May 01



By swibowo
01 May 2012 @ 02:16 am EDT

USDCHF Forecast

The USDCHF was indecisive yesterday, made a Doji on daily chart. There are no changes in my technical outlook and overall price is still consolidating, moving inside range area without clear direction and momentum. However, short term bias seems more to the downside testing 0.9000 – 0.8930. Immediate resistance is seen around 0.9100 – 0.9130. I will stand aside for now.

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