The USDCHF is stable – Analysis - 31-05-2019

Economies.com
2019-05-31 01:14AM UTC

The USDCHF pair remains below the previously broken bullish channel’s support, and it needs a negative motive that supports the expectations for the continuation of the bearish trend on the intraday basis, and breaking 1.0045 represnts the key for resuming the bearish bias that targets 0.9945 level mainly, reminding you that holding below 1.0105 is important for the suggested bearish wave.

 

The expected trading range for today is between 1.0000 support and 1.0105 resistance.

The expected trend for today: Bearish

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