Forex

The USDCHF achieves some gains – Analysis - 17-07-2019

2019-07-17 03:01:14 GMT (Economies.com)

The USDCHF pair provided positive trading yesterday to move around the EMA50, while stochastic shows clear negative signals on the four hours’ time frame, which supports the chances of resuming the expected bearish trend for the upcoming period, which its targets begin by breaking 0.9836 to confirm extending the bearish wave towards 0.9712, while holding below 0.9915 represents key condition to continue the expected decline.

 

The expected trading range for today is between 0.9800 support and 0.9936 resistance.

The expected trend for today: Bearish

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