First National Innovation Brokers the daily forecast USDCHF August 6th

USDCHF

The USDCHF was indecisive yesterday. Price attempted to push higher, topped at 0.9332 but whipsawed to the downside and hit 0.9245 earlier today. The bias is neutral in nearest term. As long as stays below 0.9400 I still prefer a bearish scenario at this phase. On the downside, key support is seen around 0.9250/30 which need to be clearly broken to the downside to continue the bearish scenario.


to start the week we lost the buyer 2% ssi!

I am hopeful that the output bevel is done this week, in addition we have a pretty macro calendar this week …
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