USD CHF turns to the upside 04/03/2013

Economies.com
2013-03-04 05:54AM UTC

The pair continued its upside rally and settled above 0.9400, which turns the intraday trading towards the north, to be waiting for bullish targets start at 0.9500

 

Stochastic negativity might cause some sideways fluctuation around 0.9400 before gathering enough positive momentum to support the suggested targets, while the chances to achieve them remain valid unless 0.9400 then 0.9310 were broken.

 

Expected trading range for today is between: 0.9310 support and 0.9550 resistance.

 

Expected trend for today: Bullish

 

 

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