The USDCHF attempts to recover – Analysis - 14-08-2019
Economies.com
2019-08-14 05:13AM UTC
The USDCHF pair provided clear positive trades yesterday but it faced solid resistance formed by the EMA50 against the price, accompanied by witnessing clear overbought signals through stochastic, which supports the chances of bouncing bearishly to resume the main bearish trend, which its targets begin by breaking 0.9712 to confirm opening the way to head towards 0.9590 as a next target, while holding below 0.9770 represents key condition to achieve the suggested targets.
The expected trading range for today is between 0.9690 support and 0.9800 resistance.
The expected trend for today: Bearish
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