USDCHF pushes on the first target – Analysis - 29-06-2017
Economies.com
2017-06-29 04:54AM UTC
The USDCHF pair managed to touch our first main waited target at 0.9578, attempting to break this level, hinting the extension of the bearish wave on the short term basis, to head towards our next main target at 0.9347.
Therefore, the bearish bias will remain suggested in the upcoming sessions supported by the negative pressure formed by the EMA50, noting that the continuation of the bearish wave depends on holding below 0.9700 and 0.9750 levels.
Expected trading range for today is between 0.9500 support and 0.9640 resistance.
Expected trend for today: Bearish
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