USDCHF presses on the support – Analysis - 01-06-2018

Economies.com
2018-06-01 00:21AM UTC

The USDCHF pair attempted to break 0.9850 level yesterday, hinting the price head to achieve more decline on the intraday and short term basis, paving the way to head towards 0.9723 level that represents our next main target.

 

Therefore, the bearish trend will remain suggested in the upcoming sessions unless breaching 0.9955 level and holding above it.

 

Expected trading range for today is between 0.9770 support and 0.9900 resistance.

 

Expected trend for today: Bearish

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