usd chf weekly-expect small bounce back

USD CHF Weekly chart 9 april 2016 USD CHF pair this week closed with loss at 0.9563.   On weekly chart trend is still bullish but momentum is strong bearish on correction phase.   Pair is trading at major averages and below 0.97 expect long term downcycle.   Before next downside move expect small technical bounce back up to 0.97.   On downside 0.9450 and then 0.9150 are strong support and next target zones.   For forex tips by sms with support and follow ups visit subscription page.

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Pramod Baviskar

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