USDCHF confirms the break – Analysis - 30-06-2017
Economies.com
2017-06-30 03:09AM UTC
The USDCHF pair succeeded to confirm breaking 0.9578 level after closing the daily candlestick below it, to open the way to extend the bearish wave towards 0.9347 that represents our next main target.
The EMA50 keeps pushing negatively on the price, therefore, the bearish trend will remain dominant in the upcoming period, noting that holding below 0.9578 represents the first protecting factor to the continuation of the suggested negative scenario.
Expected trading range for today is between 0.9470 support and 0.9600 resistance.
Expected trend for today: Bearish
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