USDCHF is stable – Analysis - 23-01-2018
Economies.com
2018-01-23 05:49AM UTC
The USDCHF pair shows sideways trading since yesterday, settling below 0.9655 level, to keep the negative pressure valid on the intraday and short term basis, as the price moves inside the bearish channel that appears on the chart, waiting to test 0.9564 level initially.
Therefore, the bearish trend will remain valid and active for the upcoming period unless breaching 0.9655 level and holding above it.
Expected trading range for today is between 0.9540 support and 0.9670 resistance.
Expected trend for today: Bearish
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