Tue, 11 Sep 2012 08:13:44 GMT
USD/CHF gravitates towards 0.9424/0.9385
USD/CHF did bounce off an uptrend support, but seems to be lacking bullish impetus. For now majority of studies suggest the pair will remain sideways, but eventually it is expected to start trimming preceding losses (since July 25) and move towards mean forecast of the major banks at 0.9902 (for the last quarter of the current year), which implies bullish