USD CHF negotiates the moving average 19/04/2013
Economies.com
2013-04-19 05:59AM UTC
The pair fluctuates around the EMA50 since yesterday, and remains stable below 0.9355, which makes us continue in preferring the bearish trend for today, and the main initial target represented by testing 0.9200
We remind you that breaching above 0.9355 will stop our bearish trend scenario and provides a possibility for an intraday turn in the trend.
Expected trading range for todayis between: 0.9200support and 0.9360 resistance.
Expected trend for today: Bearish
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