USDCHF tests the resistance again – Analysis - 17-12-2018

Economies.com
2018-12-17 05:05AM UTC

The USDCHF price traded positively on last Friday to test the key resistance 0.9990 again, and as long as the price is below this level, our bearish overview will remain valid for the upcoming period, supported by stochastic negativity, noting that our first main target is represented by visiting 0.9900 level.

 

Expected trading range for today is between 0.9900 support and 1.0020 resistance.

Expected trend for today: Bearish

 

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