USD CHF remains inside the channel 07/02/2013
Economies.com
2013-02-07 05:38AM UTC
The pair remains inside the bearish channel that appears in the image, and this is the main factor which makes us continuing in our bearish trend expectations on the short term basis, and the main target begins by testing the psychological barrier at 0.9000
Stochastic is starting to lose the positive momentum gradually, while EMA50 keeps pushing negatively on the price to support our expectations for moving to the downside.
Expected trading range for today is between: 0.9000 support and 0.9170 resistance.
Expected trend for today: Bearish
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