USDCHF hits the first target – Analysis - 07-12-2018
Economies.com
2018-12-07 04:44AM UTC
The USDCHF price succeeded to achieve our first waited target at 0.9900 and settles near it, waiting for more decline that gets support by the negative pressure coming by the EMA50 to break the mentioned level and open the way to head towards 0.9835 that represents our next main target.
Therefore, we will continue to suggest the bearish trend for today conditioned by the price stability below 0.9990.
Expected trading range for today is between 0.9850 support and 0.9990 resistance.
Expected trend for today: Bearish
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