USD CHF continues with the sideways’ move 19/11/2012

Economies.com
2012-11-19 06:24AM UTC

The pair resumes its’ sideways  trading range which is limited between 0.9400 and 0.9625, noting that EMA50 and Stochastic are supporting the price now, in a sign for a potential intraday bullishness towards 0.9625 resistance.

 

Accordingly, the sideways’ range will remain dominant unless one of the aforementioned levels was surpassed.

 

Expected trading range for this week is between: 0.9300 support and 0.9625 resistance.

 

Expected trend for today: Sideways

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