USDCHF resumes the decline – Analysis - 06-12-2018
Economies.com
2018-12-06 05:13AM UTC
The USDCHF price kept its stability below 0.9990 level, and it begins to provide negative trading in attempt to move away from the mentioned level, which reactivate the correctional bearish trend scenario, which its targets begin at 0.9900 and extend to 0.9835 after breaking the previous level.
Therefore, the bearish bias will be suggested in the upcoming sessions unless breaching 0.9990 level and holding with a daily close above it.
Expected trading range for today is between 0.9900 support and 1.0000 resistance.
Expected trend for today: Bearish
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