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USD/CHF Classical Technical Report 06.21

USD/CHF Classical Technical Report 06.21

2012-06-21 07:42:00
Joel Kruger, Technical Strategist
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daily_classical_swiss_body_usd.png, USD/CHF Classical Technical Report 06.21

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

To contact Joel Kruger, email jskruger@dailyfx.com. Follow me on Twitter @JoelKruger

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