USDCHF resumes the decline – Analysis - 08-06-2018
Economies.com
2018-06-08 00:51AM UTC
The USDCHF pair traded with clear negativity yesterday to confirm breaking 0.9850 level and moves within bearish track that appears on the chart, which supports the continuation of our bearish overview efficiently in the upcoming sessions, and the way is open to achieve our waited target at 0.9723.
Therefore, the bearish trend will remain valid and active conditioned by the price stability below 0.9850 – 0.9870 levels.
Expected trading range for today is between 0.9730 support and 0.9870 resistance.
Expected trend for today: Bearish
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