USD/CHF tests the resistance – Analysis – 15/05/2018

rub-l11The USDCHF pair provided positive trading yesterday to test 1.0000 level and settles around it, and as long as the price is below this level, our bearish overview will remain valid, noting that our next target is located at 0.9900, while breaching 1.0000 followed by 1.0055 levels represent the key to regain the main bullish trend again.

Expected trading range for today is between 0.9920 support and 1.0055 resistance.

USDCHF tests the resistance – Analysis - 15-05-2018

Origin: Economies

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