USDCHF around the moving average – Analysis - 04-06-2018

Economies.com
2018-06-04 01:23AM UTC

The USDCHF pair fluctuates around the EMA50 after testing 0.9850 level in the previous sessions, and as long as the price is below 0.9955, our bearish overview will remain valid, noting that breaking 0.9850 level will open the way to head towards 0.9723 level as a next main station.

 

Expected trading range for today is between 0.9800 support and 0.9950 resistance.

 

Expected trend for today: Bearish

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