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USD/CHF Classical Technical Report 06.15

By Joel Kruger, Technical Strategist
15 June 2012 05:34 GMT
daily_classical_swiss_body_usd.png, USD/CHF Classical Technical Report 06.15

USD/CHF: While we retain a broader bullish outlook for this pair, with the market seen establishing back above parity over the coming weeks, shorter-term risks are for more of a corrective pullback to allow for the market to establish a fresh higher low. As such, we see risks for weakness over the coming sessions towards the 0.9200-0.9300 area before the market looks to reassert its bullish momentum and broader uptrend.

--- Written by Joel Kruger, Technical Currency Strategist

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15 June 2012 05:34 GMT