The USDCHF achieves slight gains – Analysis - 12-06-2019

Economies.com
2019-06-12 04:39AM UTC

The USDCHF pair shows slight positive trades to test the EMA50, which continues to form negative pressure against the price, and as long as the price is below 0.9975, our bearish overview will remain valid for the upcoming period, organized inside the bearish channel that appears on the chart, reminding you that our main targets begin at 0.9855 and extend to 0.9800.

 

The expected trading range for today is between 0.9850 support and 0.9975 resistance.

The expected trend for today: Bearish

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