USD CHF shows some slight positivity 18/02/2013

Economies.com
2013-02-18 05:48AM UTC

The pair begins today’s trading with slight bullish bias to be moving above the EMA50, and Stochastic provides positive signal on the daily time frame.

 

Until now, we depend on the last candle stick close below 0.9125 to reinforce the chances of heading towards 0.9000, taking into consideration that a daily close above 0.9225 might force the price to move towards 0.9400 

 

Expected trading range for today is between: 0.9125 support and 0.9350 resistance.

 

Expected trend for today: Bearish

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