USD CHF reaches the key support 26/11/2012

Economies.com
2012-11-26 06:04AM UTC

The pair was able to reach the first main waited target at 0.9240, while we are waiting to be breached to confirm the bearish trend continuation.

 

Stochastic positivity might force the price to achieve some bullish bounce and sideways range before the mentioned breach attempt which will target 0.9000 as a next main station.

 

Expected trading range for this week is between: 0.9000 support and 0.9400 resistance.

 

Expected trend for this week: Bearish

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