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USDCHF Daily Forecast: February 19

USDCHF Daily Forecast: February 19
Tuesday, February 19th, 2013 @ 5:56 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. There are no changes in my technical outlook. The bias remains bullish in nearest term especially if price able to make a clear break above 0.9250 testing 0.9300 and the upper line of the bearish channel. I still prefer a bearish scenario but need a clear break and daily close at least back below 0.9200 to keep the bearish scenario remains strong testing 0.9150 or lower.

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