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USDCHF Daily Forecast: April 30

USDCHF Daily Forecast: April 30
Wednesday, April 30th, 2014 @ 3:57 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 had a bullish momentum yesterday topped at 0.8845. The bias is bullish in nearest term testing 0.8870. Immediate support is seen around 0.8815. A clear break below that area could lead price to neutral zone in nearest term testing 0.8770 – 0.8740 support area. Overall I still prefer a bearish scenario at this phase unless price breaks above 0.8870.


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