USDCHF negotiates the support – Analysis - 02-01-2019

2019-01-02 04:51:23 GMT (Economies.com)
USDCHF negotiates the support – Analysis - 02-01-2019
 

The USDCHF price continues to fluctuate around 0.9835 level without confirming breaking it, to keep the sideways bias dominant on the intraday trades until the price manages to confirm breaking the mentioned support or breaching 0.9990 resistance to detect its next destination clearly.

 

We remind you that breaking 0.9835 support will press the price to visit the next correctional level at 0.9766, while breaching 0.9990 resistance will open the way to regain the main bullish trend that its next target located at 1.0128.

 

Expected trading range for today is between 0.9770 support and 0.9900 resistance.

Expected trend for today: Sideways

 
 
 
  Symbol Last Change Chg.%
1.1354
-0.0017
0.1491%
1.2682
-0.0058
0.4572%
15.279
-0.062
0.407%
58.837
1.235
2.144%
65.05
0.19
0.29%
1412.080
13.070
0.934%
 
 
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