USD CHF turns the intraday trading 08/04/2013

Economies.com
2013-04-08 05:46AM UTC

The pair continued its negative pressure and confirmed breaking 0.9400 by closing below it, which signals that there is a turning in the intraday trading to the downside, where we are waiting for targets that mainly begin at 0.9220

 

Stochastic shows clear oversold signals, which might push the price to test 0.9400 before heading towards the waited targets.

 

Expected trading range for today is between: 0.9220 support and 0.9400 resistance.

 

Expected trend for today: Bearish

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