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USDCHF Daily Forecast: July 31

USDCHF Daily Forecast: July 31
Wednesday, July 31st, 2013 @ 5:05 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. Price is moving sideways suggests a consolidation phase. I still prefer a bearish scenario at this phase and only a clear break back above 0.9350 would interrupt the bearish scenario. On the downside, 0.9250 – 0.9180 remains the nearest bearish target.


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