USDCHF around the moving average – Analysis - 17-05-2018

Economies.com
2018-05-17 02:01AM UTC

The USDCHF pair fluctuates around the EMA50, and it keeps its stability below 1.0055, which makes us keep our bearish overview that depends on holding below the mentioned level, waiting to break 0.9985 level to ease the mission of heading towards our negative targets that start at 0.9900 followed by 0.9850.

 

Expected trading range for today is between 0.9920 support and 1.0055 resistance.

 

Expected trend for today: Bearish

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