USDCHF breaks the support – Analysis - 06-09-2018

Economies.com
2018-09-06 04:23AM UTC

The USDCHF pair managed to break 0.9723 level and closed the daily candlestick below it, which supports our expectations to the bearish trend efficiently in the upcoming sessions, opening the way to head towards our next target at 0.9620.

 

The EMA50 keeps supporting the suggested bearish wave, which its continuation conditions holding below 0.9765.

 

Expected trading range for today is between 0.9620 support and 0.9765 resistance.

Expected trend for today: Bearish

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