USD/CHF keeps its negative stability – Analysis – 28/05/2018

chf_forexThe USDCHF pair settles below the broken neckline of the double top pattern at 0.9955, to keep the bearish trend valid on the intraday and short term basis, reminding you that our main target is located at 0.9850, while breaching 0.9955 represents the key to rally to test 1.0055 level before any new attempt to decline.

Expected trading range for today is between 0.9830 support and 0.9970 resistance.

USDCHF keeps its negative stability – Analysis - 28-05-2018

Origin: Economies

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