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USDCHF Daily Forecast: November 23

USDCHF Daily Forecast: November 23
Friday, November 23rd, 2012 @ 6:54 am by Setyo Wibowo

About Setyo Wibowo:

Setyo Wibowo Living in East Java, Indonesia and holding International Relations degree, Setyo Wibowo began his forex trading career by joining Fortune Channel Investment in 2000 as a market analyst, while learning to trade forex independently on his own. Driven by his desire to share his trading experiences and ideas, Setyo joined the FX Instructor team in 2008. Setyo Wibowo is now living in Mojokerto, East Java, Indonesia.

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USDCHF Forecast
The USDCHF was indecisive yesterday but overall still able to maintain its bearish intraday bias after the bullish failure. The bias remains bearish in nearest term testing 0.9250. Immediate resistance is seen around 0.9370. A clear break above that area could lead price to neutral zone in nearest term testing 0.9400 but we need a clear break and daily close at least above 0.9450 to keep the bullish scenario intact.

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