USDCHF keeps its negative stability – Analysis - 28-03-2018
Economies.com
2018-03-28 04:48AM UTC
The USDCHF pair made new test to 0.9488 level and kept its stability below it, which keeps our bearish overview valid until now, noticing that stochastic provides negative overlapping signal on the four hours’ time frame, waiting to motivate the price to resume the bearish trend in the upcoming sessions.
Our first target is located at 0.9373, noting that breaching 0.9488 will push the price to extend the correctional bullish wave towards 0.9581 as a next main station.
Expected trading range for today is between 0.9360 support and 0.9500 resistance.
Expected trend for today: Bearish
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