USD CHF remains calm 20/02/2013
Economies.com
2013-02-20 06:02AM UTC
The pair continues its tight range trading, fluctuating around EMA50, which keeps our expectations of the sideways trading that we mentioned yesterday valid, and this sideways range lines are represented by 0.9120 support and 0.9400 resistance.
Note that breaking below 0.9120 will turn the price to the main bearish trend which stopped temporarily after breaching the bearish channel resistance that appears in the above image.
Expected trading range for today is between: 0.9120 support and 0.9350 resistance.
Expected trend for today: sideways
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