USD CHF holds at the sideways’ range support 20/11/2012
Economies.com
2012-11-20 06:29AM UTC
The pairs’ trading stops now at the sideways range support at 0.4400, accompanied with Stochastic entering the oversold levels, to reinforce the strength of the mentioned support and keep the chances of continuing the trading inside the mentioned sideways range.
At the same time, we need to be aware that breaching the aforementioned level will open the way for resuming the short term basis bearish trend and the initial target will be 0.9240
Expected trading range for today is between: 0.9300 support and 0.9550 resistance.
Expected trend for today: Sideways
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