The USDCHF breaks the support – Analysis - 11-03-2019

2019-03-11 04:49:03 GMT (Economies.com)
The USDCHF breaks the support – Analysis - 11-03-2019
 

The USDCHF pair traded negatively in the previous sessions to break 1.0090 level and settles below it, which opens the way to start bearish correction on the intraday basis, targeting testing 0.9990 level before turning back to rise again.

 

Therefore, the bearish bias will be suggested for today, taking into consideration that breaching 1.0090 followed by 1.0128 levels will stop the expected decline and push the price to resume the main bullish trend again.

 

The expected trading range for today is between 1.0000 support and 1.0128 resistance.

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1301
-0.0025
0.2212%
1.3208
-0.0088
0.6600%
15.434
0.139
0.909%
58.869
0.486
0.833%
66.90
-0.94
1.39%
1313.235
10.925
0.839%
 
 
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