USDCHF faces negative signals – Analysis - 25-01-2019
Economies.com
2019-01-25 05:19AM UTC
The USDCHF price returns to provide negative trading by today’s opening, affected by the negative signal that appears through stochastic, but as long as the price is above 0.9900, the main bullish trend scenario will remain active, and the price needs to breach 0.9990 to confirm extending the bullish wave towards 1.0070.
We should note that breaking 0.9900 will press on the price to return to the correctional bearish track again, which its next target located at 0.9835.
Expected trading range for today is between 0.9900 support and 1.0020 resistance.
Expected trend for today: Overall Bullish
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