The USDCHF finds solid support – Analysis - 08-08-2019

2019-08-08 05:11:37 GMT (Economies.com)
 

The USDCHF pair made new attempt to break 0.9712 level but it finds difficulty to confirm breaking it, to show some bullish bias and fluctuates around 0.9750.

 

In general, we expect the continuation of the bearish trend domination in the upcoming sessions conditioned by the price stability below 0.9770, reminding you that our next main target reaches at 0.9590.

 

The expected trading range for today is between 0.9680 support and 0.9800 resistance.

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1063
0.0001
0.0104%
1.3143
0.0006
0.0461%
Tadawul
8120.01
21.27
0.26%
16.606
0.034
0.206%
58.860
-0.250
0.423%
64.25
-0.14
0.22%
1461.245
1.400
0.096%
 
 
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