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USDCHF Daily Forecast: February 14

USDCHF Daily Forecast: February 14
Thursday, February 14th, 2013 @ 9:12 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. Price slipped back above 0.9200 earlier today. There are no changes in my technical outlook. The bias remains neutral in nearest term probably with a little bullish bias. I still prefer a bearish scenario but a clear break and daily close above 0.9200 could trigger further bullish pullback testing 0.9250 or higher. On the other hand, a clear break and daily close below 0.9150 could trigger further bearish pressure testing 0.9100 or lower.

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