USDCHF surpasses the target – Analysis - 10-01-2019

Economies.com
2019-01-10 04:59AM UTC

The USDCHF price succeeded to achieve our waited target at 0.9766, and it broke this level strongly to open the way to taret the next correctional level at 0.9680, to keep the bearish trend dominant in the upcoming sessions.

 

The EMA50 continues to support the suggested bearish wave, noting that breaching 0.9766 represents the first positive key to start recovery attempts and regaining the main bullish trend again.

 

Expected trading range for today is between 0.9660 support and 0.9766 resistance.

Expected trend for today: Bearish

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