USDCHF reaches the first target – Analysis - 02-02-2018
Economies.com
2018-02-02 05:29AM UTC
The USDCHF pair continued to decline to succeed reaching our first main waited target at 0.9250, waiting for more decline supported by the negative pressure provided by the EMA50, reminding you that our next target extends to reach 0.9035.
Therefore, we will continue to suggest the bearish trend in the upcoming sessions unless the price rallied to breach 0.9418 level and hold above it.
Expected trading range for today is between 0.9180 support and 0.9330 resistance.
Expected trend for today: Bearish
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