4xForecaster

Channel Bound, Nears Bullish Target | $USD $CHF #SNB #FED #forex

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
3
Friends,

Exactly 7 days ago, my proprietary predictive analysis and forecasting system defined a bullish channel as "TG-1 = 0.89792 - 26 MAR 2014" at the time when price's 4-hour candle had just broken through the 0.88500 level.

Since then, price action has remained in pace with the target, and it did so with support of the channel projected at the time of the original forecast - See it here: .

At this point, there has not been any interim technical event that should alter the forecast.

Cheers,


David Alcindor
Predictive Analysis and Forecasting


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- Forecasts, analyses and directional opinions generated herein are for educational purposes only and are not trading recommendations. We trust that you will do your own due diligence first, then seek professional advice from a licensed professional, then enter the market at your own perils - David Alcindor - TradingView.com Alias: 4xForecaster

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