USDCHF awaits the confirmation – Analysis - 16-04-2018
Economies.com
2018-04-16 03:56AM UTC
The USDCHF pair shows sideways trading to stay stuck between the key levels represented by 0.9581 support and 0.9675 resistance, which keeps our neutrality valid until now, waiting to breach one of these levels to determine the next destination clearly.
We remind you that breaking the mentioned support will push the price back to the main bearish track that its negative targets begin at 0.9488, while breaching the resistance will extend the correctional bullish wave to reach 0.9790 as a next main station.
Expected trading range for today is between 0.9550 support and 0.9700 resistance.
Expected trend for today: Depends on the above mentioned levels
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