USD CHF resumes the decline 08/01/2013
Economies.com
2013-01-08 05:56AM UTC
The pair traded negatively as we expected recently, where the trading is organized within the bearish channel appears in the above chart, and the bearish wave gets good support from EMA50.
Accordingly, our bearish trend expectations remain valid and active, targeting initially testing the strength of the psychological barrier 0.9000, and pointing that Stochastic provides good support for this scenario.
Expected trading range for today is between: 0.9100 support and 0.9300 resistance.
Expected trend for today: Bearish
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