The USDCHF breaks the support – Analysis - 05-08-2019

2019-08-05 05:08:33 GMT (Economies.com)
The USDCHF breaks the support – Analysis - 05-08-2019
 

The USDCHF pair broke 0.9836 level strongly and settled below it, starting today with clear bearish bias to confirm turning to decline, on its way to visit 0.9712 as a next main station.

 

Therefore, the bearish trend will be expected in the upcoming sessions unless breaching 0.9836 and holding above it again.

 

The expected trading range for today is between 0.9710 support and 0.9836 resistance.

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1103
0.0005
0.0423%
1.2123
-0.0031
0.2571%
16.995
-0.109
0.638%
55.510
0.710
1.295%
59.30
0.66
1.13%
1501.250
-11.015
0.728%
 
 
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