USD CHF surpasses the resistance 01/03/2013
Economies.com
2013-03-01 05:41AM UTC
The pair breached the downside channel’s resistance shown in the image, to stop the bearish trend scenario temporarily and put the price in possible sideways range between 0.9325 and 0.9400
Now, we will stay aside temporarily until the price being able to surpass one of the above mentioned levels, as breaching above 0.9400 will offer positive targets begin at 0.9500, while breaking below 0.9325 will bring back the overall bearish scanerio.
Expected trading range for today is between: 0.9240 support and 0.9450 resistance.
Expected trend for today: Neutral
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