The USDCHF breaks the support – Analysis - 19-07-2019

2019-07-19 04:56:57 GMT (

The USDCHF pair managed to break 0.9836 level and closed the daily candlestick below it, confirming the continuation of the bearish trend in the upcoming sessions, waiting to head towards 0.972 areas on the near term basis.


Therefore, we will continue to suggest the bearish trend supported by moving below the EMA50, conditioned by the price stability below 0.9910.


The expected trading range for today is between 0.9760 support and 0.9870 resistance.

The expected trend for today: Bearish


More Analysis

Risk Disclaimer : Enzious Limited would like to remind you that the data provided in this site is not necessarily in real time or accurate. All stock prices, indices, futures and foreign exchange rates are not provided by exchanges but by market makers, so prices may not be accurate, may differ from the price of the actual market, which means that the quotes represent an indication and are not suitable for commercial purposes. Therefore Enzious Limited does not assume any responsibility for any business losses that may be incurred as a result of the use of this data.