USD CHF continues in sideways’ range 14/11/2012

Economies.com
2012-11-14 06:12AM UTC

The pair continues moving within the sideways’ range which is limited between 50% Fibonacci correction level at 0.9400 and the retest level which exists now at 0.9615, to make our expectation of continuing the sideways’ trading remain valid, noting that the contradiction between the technical signals offered by Stochastic and EMA50 supports the suggested sideways’ range.

 

Expected trading range for today is between: 0.9400 support and 0.9615 resistance.

 

Expected trend for today: Sideways

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