The USDCHF hits the target – Analysis - 06-08-2019

2019-08-06 05:03:53 GMT (Economies.com)
The USDCHF hits the target – Analysis - 06-08-2019
 

The USDCHF pair succeeded to touch our main waited target at 0.9712 and shows some bullish bias from there, affected by stochastic positivity, and it might show some temporary bullish correction before resuming the bearish bias again.

 

Breaking the above mentioned level will extend the bearish wave to reach 0.9590 as a next main station, noting that breaching 0.9770 will push the price to test the most important resistance at 0.9836 before any new attempt to decline.

 

The expected trading range for today is between 0.9670 support and 0.9800 resistance.

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1028
-0.0005
0.0453%
1.2596
-0.0041
0.3217%
17.575
0.045
0.256%
54.503
-0.309
0.565%
60.51
1.41
2.39%
1486.515
-0.670
0.045%
 
 
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