USDCHF breaks the support – Analysis - 24-01-2018
Economies.com
2018-01-24 05:31AM UTC
The USDCHF pair begins today’s trading with clear negativity to attack 0.9564 level and settles below it, which supports the continuation of our bearish overview in the upcoming sessions, paving the way to head towards the previously recorded low at 0.9418 as a next station.
Therefore, we are waiting for more decline today supported by the negative pressure formed by the EMA50, conditioned by holding below 0.9655 level.
Expected trading range for today is between 0.9470 support and 0.9600 resistance.
Expected trend for today: Bearish
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