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USDCHF Daily Forecast: February 28

USDCHF Daily Forecast: February 28
Thursday, February 28th, 2013 @ 8:11 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 bearish momentum yesterday bottomed at 0.9279. The bias is bearish in nearest term testing 0.9250/00. Selling around the upper line of the bearish channel remains a good idea with a tight stop loss above 0.9350 as a clear break and daily close above that area could be an early signal of a bullish reversal scenario testing 0.9420 or higher.


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