USD/CHF returns to fluctuate – Analysis – 07/06/2018

a-8The USDCHF pair fluctuates around 0.9850 level, noticing that stochastic provides negative overlapping signal now, to form negative motive that we are waiting to push the price to resume the bearish trend in the upcoming period, which its next target located at 0.9723.

Therefore, we will continue to suggest the bearish trend for today unless breaching 0.9870 level and holding above it.

Expected trading range for today is between 0.9780 support and 0.9900 resistance.

USDCHF returns to fluctuate – Analysis - 07-06-2018

Origin: Economies

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