USD/CHF:

The Dollar continues to display a developing Bottoming formation of some significance (refer Daily Chart below) and with support now about .9385/.9370, USD/CHF is still seen as ‘a Buy’ for Advance toward the .9500 level, enroute to Key .9565/.9600 Resistance. Once this resistance is cleared, USD/CHF will be positioned for a test of Parity.

This forecast is updated daily in my FX Forecasting Service sent out by email every morning to subscribers. It covers EUR, CHF, JPY, GBP, AUD and NZD.

I have been in the business of FX forecasting for over 20 years which suggests my track record is good. I offer a 3 week trial. Contact TRL@clear.net.nz

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damage that may result, directly or indirectly, from any forecast, comment or opinion, information or omission, whether negligent or otherwise, within this report.