USDCHF achieves some slight gains – Analysis - 14-04-2017
Economies.com
2017-04-14 03:02AM UTC
The USDCHF pair showed slight positive trading yesterday to approach from testing 1.0070 level, as it keeps its stability below it, accompanied by stochastic reach to the overbought areas, which forms negative factor that we are waiting to push the price to resume the bearish trend again.
Therefore, we will continue to suggest the bearish trend on the intraday and short term basis conditioned by the price stability below 1.0070, reminding you that breaking 1.0010 will open the way to head towards 0.9935 direct.
Expected trading range for today is between 0.9960 support and 1.0100 resistance.
Expected trend for today: Bearish
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