USDCHF breaks the support – Analysis - 22-03-2018
Economies.com
2018-03-22 04:51AM UTC
The USDCHF pair showed strong negative trading yesterday to break 0.9488 level and settles with a daily close below it, which stops the recently suggested positive scenario and put the price under the negative pressure again, to head towards testing 0.9373 level as a first main station.
Therefore, the bearish trend will be suggested in the upcoming sessions unless breaching 0.9488 level and holding above it again.
Expected trading range for today is between 0.9400 support and 0.9540 resistance.
Expected trend for today: Bearish
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