USDCHF breaks the support – Analysis - 26-06-2017
Economies.com
2017-06-26 03:39AM UTC
The USDCHF pair settled below 0.9700 level, to fall under negative pressure that we expect to push trading to visit 0.9578 areas mainly, supported by the EMA50 move below the EMA50.
Therefore, the bearish bias will be suggested in the upcoming sessions unless the price managed to rally to breach 0.9700 followed by 0.9725 levels and hold above them.
Expected trading range for today is between 0.9600 support and 0.9725 resistance.
Expected trend for today: Bearish
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