The USDCHF draws a negative pattern – Analysis - 13-03-2019

2019-03-13 05:06:37 GMT (Economies.com)
The USDCHF draws a negative pattern – Analysis - 13-03-2019
 

The USDCHF pair traded negatively yesterday to complete forming a double top pattern that its signs appear on the chart, and the price needs to break 1.0070 level to activate the negative effect of this pattern, which supports the expectations of targeting 0.9990 level as a next main station.

 

Therefore, the bearish trend will remain expected for today unless the price rallied to breach 1.0128 level and hold above it.

 

The expected trading range for today is between 1.0030 support and 1.0140 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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