The USDCHF resumes the decline – Analysis - 07-01-2020
Economies.com
2020-01-07 05:49AM UTC
The USDCHF pair returns to decline after testing 0.9712 level in the previous sessions, to keep the bearish trend scenario valid and active on the intraday and short term basis, waiting to visit 0.9588 level as a next main target.
We remind you that breaching 0.9712 will stop the expected decline and push the price to achieve intraday gains that start by testing 0.9836 areas.
The expected trading range for today is between 0.9630 support and 0.9750 resistance.
The expected trend for today: Bearish
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