USD CHF moves upon the scenario 18/04/2013
Economies.com
2013-04-18 05:31AM UTC
The pair managed to achieve yesterday’s expected rising hitting the target 0.9320, where its fluctuating around the EMA50 now, while it remains below the previously broken neckline for the double top pattern at 0.9355
Stochastic shows overbought signals, which make us prefer witnessing a curve in the trading towards the downside, and the target is visiting 0.9200 again, being aware that breaching above 0.9355 will stop the negative expectations temporarily.
Expected trading range for today is between: 0.9200 support and 0.9360 resistance.
Expected trend for today: Bearish
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