USDCHF tests the moving average – Analysis - 30-11-2018
Economies.com
2018-11-30 04:30AM UTC
The USDCHF price provided positive trades yesterday to test the EMA50, accompanied by stochastic reach to the overbought areas, waiting to motivate the price to resume the correctional bearish trend, which its targets begin by breaking 0.9900 level to confirm extending the bearish wave towards 0.9835.
Therefore, we will keep our bearish overview conditioned by the daily close stability below 0.9990.
Expected trading range for today is between 0.9870 support and 0.9990 resistance.
Expected trend for today: Bearish
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