The USDCHF tests the resistance – Analysis - 12-03-2019

2019-03-12 05:19:23 GMT (Economies.com)
The USDCHF tests the resistance – Analysis - 12-03-2019
 

The USDCHF pair provided positive trades yesterday to approach testing the key resistance 1.0128, accompanied by stochastic loss to the positive momentum, which supports the chances of resuming the expected bearish wave for the upcoming period, which targets 0.9990 level mainly.

 

Therefore, we will keep our bearish overview unless breaching 1.0128 level and holding with a daily close above it.

 

The expected trading range for today is between 1.0030 support and 1.0140 resistance.

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1324
-0.0002
0.0163%
1.3107
-0.0189
1.4222%
15.504
0.209
1.367%
59.785
1.402
2.401%
67.80
-0.05
0.07%
1311.290
8.980
0.690%
 
 
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