USDCHF tests the critical support – Analysis - 13-12-2017

2017-12-13 05:01:06 GMT (Economies.com)
 

The USDCHF pair tests the key support 0.9892 now, which urges caution from the upcoming trading, as breaking this level will push the price to return to the correctional bearish track that its initial target located at 0.9800.

 

Until now, the bullish trend scenario still valid supported by the EMA50, conditioned by the price stability above 0.9892, reminding you that our next main target is located at 1.0038.

 

Expected trading range for today is between 0.9850 support and 1.0000 resistance.

 

Expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1246
-0.0031
0.2718%
1.2486
0.0178
1.4462%
Tadawul
7388.49
76.25
1.04%
18.047
0.268
1.507%
40.285
1.510
3.894%
42.80
-0.34
0.79%
1774.730
3.115
0.176%
 
 
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