USD/CHF Mid-Day Outlook

USD/CHF Mid-Day Outlook

USD/CHF's recovery extends further to as high as 0.9362 in early US session and further rise could still be seen. But still, we'd expect strong resistance at 38.2% retracement of 0.9774 to 0.9201 at 0.9420 to limit upside and bring fall resumption. Decisive break of 0.9201 will confirm that USD/CHF's<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/bvTQ8mEz8SM" height="1" width="1"/>

Source: USD/CHF Mid-Day Outlook