Forex

The USDCHF touches the target – Analysis - 20-03-2019

2019-03-20 04:56:40 GMT (Economies.com)

The USDCHF pair succeeded to touch our main waited target at 0.9990 and settles there now, reminding you that breaking this level will extend the bearish wave to target 0.9900 level as a next main station, noting that moving below the EMA50 supports the chances of continuing the decline in the upcoming sessions.

 

Therefore, we will keep our bearish overview for today unless breaching 1.0035 level and holding above it.

 

The expected trading range for today is between 0.9940 support and 1.0035 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.