The EURCHF resumes the negative attack – Analysis – 27-1-2020
Economies.com
2020-01-27 07:56AM UTC
The EURCHF pair confirmed surrendering to the bearish bias domination by crawling below 1.0722 levels recently, to activate the bearish trend scenario again due to its stability within the main bearish channel.
Also, stochastic fluctuation within the oversold areas will increase the chances of gathering the additional negative momentum, allowing us to wait to reach 1.0672 level that forms the next target of the main bearish bias.
The expected trading range for today is between 1.0750 and 1.0672
The expected trend for today: Bearish
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