USDCHF approaches the support – Analysis - 28-01-2019

Economies.com
2019-01-28 05:10AM UTC

The USDCHF price continues to decline to approach the key support 0.9900, noticing that stochastic shows oversold signals now, waiting to motivate the price to resume the main bullish trend, which depends on the price stability above the mentioned level, while its positive targets begin at 0.9990 and extend to 1.0070 after breaching the previous level.

 

Expected trading range for today is between 0.9870 support and 1.0000 resistance.

Expected trend for today: Overall Bullish

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