USD/CHF Mid-Day Outlook

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Daily Pivots: (S1) 0.7937; (P) 0.7959; (R1) 0.7972; More…. USD/CHF’s extended rebound and break of 0.7990 minor resistance suggests that corrective pattern from 0.7871 is extending with the third leg. Intraday bias is back on the upside for 0.8063 resistance and possibly above. But upside should be limited by 55 D EMA (now at 0.8108). […]The post USD/CHF Mid-Day Outlook appeared first on Action Forex.