USDCHF retests – Analysis - 24-05-2018
Economies.com
2018-05-24 01:13AM UTC
The USDCHF pair provided positive trading yesterday to retest 0.9955 level, keeping its stability below this level, where it moves below this level now, keeping the negative effect of the double top pattern active, waiting for heading to 0.9850 that represents our next main target.
Reminding you that breaching 0.9955 will stop the expected decline and leads the price to visit the recorded top at 1.0055 before any new attempt to decline.
Expected trading range for today is between 0.9850 support and 1.0000 resistance.
Expected trend for today: Bearish
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