USDCHF pushes on the first support – Analysis - 23-06-2017
Economies.com
2017-06-23 01:35AM UTC
The USDCHF pair continues its negative pressure to move below 0.925, heading towards testing the key support 0.9700, while the EMA50 attempts to protect the price from suffering more losses, and as long as the price is above the last level, our bullish overview will remain valid on the intraday basis, waiting to visit 0.9812 followed by 0.9864 levels mainly.
We should note that breaking 0.9700 will push the price to decline again, to start the negative targets at 0.9578.
Expected trading range for today is between 0.9680 support and 0.9800 resistance.
Expected trend for today: Bullish
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