USD/CHF succeeds to break – Analysis – 06/06/2018

forex-news-usd_dollarThe USDCHF pair managed to break 0.9850 level and closed the daily candlestick below it, which supports the continuation of our bearish overview efficiently in the upcoming period, paving the way to head towards 0.9723 level as a next station, noting that the EMA50 supports the expected decline, which will remain valid for today conditioned by the price stability below 0.9870.

Expected trading range for today is between 0.9760 support and 0.9880 resistance.

USDCHF succeeds to break – Analysis - 06-06-2018

Origin: Economies

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