USDCHF is stable – Analysis - 14-06-2017

Economies.com
2017-06-14 01:34AM UTC

The USDCHF pair continues to fluctuate within sideways track around the EMA50, and as long as the price is below 0.9700, our bearish overview will remain valid for today, waiting to visit 0.9578 level as a first main station.

 

We should note that breaching 0.9700 will push the price to test 0.9812 and might extend to 0.9864 areas before any new attempt to decline.

 

Expected trading range for today is between 0.9600 support and 0.9720 resistance.

 

Expected trend for today: Bearish

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