USD/CHF Forecast March 19, 2012, Technical Analysis

Posted March 18, 2012 7:27 (GMT) | By FX Empire Analyst - Christopher Lewis | Print | Font Size
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The USD/CHF pair fell again during the Friday session as the Dollar was sold off in general. The pair looks set to fall down to the 0.91 level as support. The pair looks bullish overall for us, but the last couple of session have been very bearish. The close at the very bottom of the range for Friday suggests that we are going down for a little while longer. However, the Swiss are far too exposed to the European Union to buy it, looking for the 0.91 to offer support in this pair.

USD/CHF Forecast March 19, 2012, Technical Analysis

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About: FX Empire Analyst - Christopher Lewis

Christopher is a part of the FXEmpire.com analysis team. He writes Forex and Commodities technical analyses on daily and weekly basis. Christopher writes his analyses in a professional and yet simple to understand manner. His analyses are available in both text and videos.

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