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  1. DAILY FORECAST FOR USDCHF

    by
    FX-Forecaster.com
    , 06-03-2012 at 10:21 PM (The Daily Forecaster)
    [B]BIAS[/B]: We should have seen the high but take care while the correction develops

    [B]Resistance[/B]:... 0.9698........ 0.9710-15... 0.9740-45... 0.9771
    [B]Support[/B]:........ 0.9670-75... 0.9638........ 0.9620........ 0.9590-05

    [B]MAIN ANALYSIS[/B]: It's not often we see a Wave v of 90% - but that's what we had and took the daily Wave -iii- to the 190% projection at 0.9771. However, that should be it and now we need consider the correction in Wave -iv-. I feel the 0.9710-30 area should be the maximum we see today but overall we need take care as this could be quite a complicated pullback. Before we can safely say we're moving lower the 0.9610-20 area needs to break. Until then we can still see a ...
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