USD CHF attempts to decline 02/01/2013

Economies.com
2013-01-02 06:08AM UTC

The pair attempts to achieve some bullish moves, where trading below 0.9100 now, and as the trading is calm and stable around the same levels since days, we are continuing in the general bearish trend scenario which we are expecting to target testing the psychological barrier at 0.9000 initially.

 

EMA50 and Stochastic are supporting the expectations of moving lower.

 

Expected trading range for today is between: 0.9000 support and 0.9200 resistance.

 

Expected trend for today: Bearish

 

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