USD CHF regains the positive momentum 14/03/2013

Economies.com
2013-03-14 05:46AM UTC

The pair rallied higher sharply after approaching from 0.9400, to settle now above 0.9500 again, and reinforces our bullish trend overview on the intraday and short term basis.

 

Stochastic provides a positive overlapping signal that supports our expectations which remain valid unless 0.9400 was broken, while we are initially targeting 0.9615

 

Expected trading range for today is between: 0.9450 support and 0.9615 resistance.

 

Expected trend for today: Bullish

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