FX Thoughts for the Day


USD-CHF @ 0.9185/88…Might test 0.9120-00 R: 0.9200 / 0.9230-50 S: 0.9135 / 0.9100 As expected, Dollar-Swiss fell sharply below 0.9200 during the day and is now bouncing back from its low of 0.9140. Note that the 100-MA on the 4-hr is currently at 0.9136. Now we need to see whether the pair can bounce back above 0.9200 or not. While below 0.9200, a test of 0.9120-00 is possible in the coming sessions. 0.9120-00 is a strong Support region seen on the downside. But we also need to see what

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