USDCHF keeps its negative stability – Analysis - 17-10-2017
Economies.com
2017-10-17 03:40AM UTC
The USDCHF pair shows more sideways trading that settle near 0.9770, as the price keeps its stability below this level, which keeps the negative pressure valid for the upcoming period, waiting to test 0.9700 initially, reminding you that breaking this level is required to confirm extending the bearish wave towards 0.9625 followed by 0.9578.
Therefore, we will continue to suggest the bearish trend for today unless we witnessed clear breach and hold with a daily close above 0.9770.
Expected trading range for today is between 0.9670 support and 0.9800 resistance.
Expected trend for today: Bearish
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