The EURCHF repeats the negative closings – Analysis – 20-2-2020
Economies.com
2020-02-20 07:37AM UTC
The EURCHF pair continued to provide negative closings within the bearish channel, noticing that it moves away from 1.0722 barrier, to increase the chances of recording new negative targets on the near term and medium term period.
The price continuous fluctuation around 1.0620 level caused by stochastic rally out of the oversold areas, to increase the chances of gathering new negative momentum followed by starting to decline until reaching 1.0555 followed by 1.0400 in the upcoming period.
The expected trading range for today is between 1.0660 and 1.0555
The expected trend for today: Bearish
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