USD CHF settles again 06/05/2013

Economies.com
2013-05-06 05:31AM UTC

The pair made an attempt to rise, but it stopped at 0.9400 and returned to settle below the EMA50, which keeps the bearish trend scenario valid, waiting for targets begin at 0.9200

 

We remind you that breaking below 0.9200 will provide a motive for achieving more downside track, which its targets surpass the psychological barrier 0.9000

 

Expected trading range for today is between: 0.9200 support and 0.9400 resistance.

 

Expected trend for today: Bearish

 

 

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