The USDCHF breaks the support – Analysis - 13-05-2019
Economies.com
2019-05-13 00:54AM UTC
The USDCHF pair broke 1.0128 level clearly and settled below it, which puts the price under expected negative pressure on the intraday basis, to target testing 1.0040 and might extend to 0.9935 levels before attempting to return to rise again.
Therefore, the bearish bias will be suggested in the upcoming sessions unless the price managed to breach 1.0128 level and hold above it again.
The expected trading range for today is between 1.0040 support and 1.0160 resistance.
The expected trend for today: Bearish
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