The USDCHF retests successfully – Analysis - 05-06-2019
Economies.com
2019-06-05 04:10AM UTC
The USDCHF pair retested the previously broken support line of the bullish channel and bounced bearishly from there, which supports the continuation of our bearish overview efficiently in the upcoming sessions, which targets 0.9890 followed by 0.9800 levels as next main stations.
Therefore, the bearish bias will remain dominant on the intraday and short term basis unless breaching 0.9960 followed by 1.0020 levels and holding above them.
The expected trading range for today is between 0.9850 support and 0.9960 resistance.
The expected trend for today: Bearish
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