USDCHF keeps its negative stability – Analysis - 09-01-2019

Economies.com
2019-01-09 05:18AM UTC

The USDCHF price tested the resistance line formed at 0.9835 after breaking it previously and kept its stability below it, to keep the bearish trend valid for the upcoming period, which its next target located at 0.9766.

 

The EMA50 and stochastic support the negative overview, which its continuation conditions holding below 0.9835.

 

Expected trading range for today is between 0.9760 support and 0.9870 resistance.

Expected trend for today: Bearish

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