The USDCHF within sideways track – Analysis - 11-06-2019
Economies.com
2019-06-11 04:37AM UTC
The USDCHF pair continues to fluctuate within sideways track, settling around 0.9900 level now, while the EMA50 keeps pressing negatively on the price, to keep the bearish trend active in the upcoming period, and the price needs to break 0.9855 level to ease the mission to head towards 0.9800 that represents the next negative target.
We remind you that the continuation of the suggested bearish wave conditions holding below 0.9970.
The expected trading range for today is between 0.9830 support and 0.9970 resistance.
The expected trend for today: Bearish
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