The USDCHF tests the channel’s resistance – Analysis - 13-06-2019
Economies.com
2019-06-13 04:43AM UTC
The USDCHF pair continued to rise yesterday to test the bearish channel’s resistance that appears on the chart, accompanied by witnessing clear overbought signals through stochastic, which supports the chances of bouncing bearishly to resume the main bearish trend, which depends on the price stability below 0.9980, while the main expected targets begin at 0.9855 and extend to 0.9800.
The expected trading range for today is between 0.9880 support and 0.9980 resistance.
The expected trend for today: Bearish
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