USD CHF reaches the key support 27/11/2012

Economies.com
2012-11-27 06:09AM UTC

The pairs’ trading settled at the critical support 0.9240 which we are waiting to be breached, and it has the ability to push the price towards more bearishness on the short term basis.

 

In general, the bearish trend scenario remains valid, and the waited targets begin at 0.9150 followed by 0.9000, while achieving it requires stability below 0.9400

 

Expected trading range for today is between: 0.9150 support and 0.9400 resistance.

 

Expected trend for this week: Bearish

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