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USDCHF is stable – Analysis - 23-01-2018
The USDCHF pair shows sideways trading since yesterday, settling below 0.9655 level, to keep the negative pressure valid on the intraday and short term basis, as the price moves inside the bearish channel that appears on the chart, waiting to test 0.9564 level initially.
Therefore, the bearish trend will remain valid and active for the upcoming period unless breaching 0.9655 level and holding above it.
Expected trading range for today is between 0.9540 support and 0.9670 resistance.
Expected trend for today: Bearish
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NZDUSD approaches the target – Analysis - 23-01-2018
The NZDUSD pair continued to rise yesterday to approach our first waited target at 0.7375, showing some slight bearish bias now affected by stochastic current negativity, waiting to get enough positive momentum to push the price to achieve more gains in the upcoming sessions.
MoreAUDUSD affected by the negative momentum – Analysis - 23-01-2018
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