USD CHF awaits the break 03/12/2012

2012-12-03 05:47:22 GMT (Economies.com)
 

The pair trades near the critical support 0.9240, where we are waiting for clear breach for this level to activate the negative impact for the negative technical pattern shown in the image.

 

In general, we are continuing in our bearish trend for the short term basis supported by EMA50, and the main targets are located at the psychological barrier 0.9000, while the main condition to achieve it is holding below 0.9400

 

Expected trading range for today is between: 0.9100 support and 0.9350 resistance.

 

Expected trend for today: Bearish

 

 

 
 
 
  Symbol Last Change Chg.%
1.2055
0.0002
0.0207%
1.3885
-0.0009
0.0626%
Tadawul
10228.35
-26.53
0.26%
27.333
0.814
3.070%
64.749
0.839
1.313%
68.13
-0.83
1.20%
1814.120
24.535
1.371%
 
 
Live Forex Updates