USD/CHF tests the resistance – Analysis – 12/06/2018

news_usdThe USDCHF pair crawls upwards gradually to approach the key resistance 0.9870 again, and as long as the price is below this level, our bearish overview will remain active, as breaching this level will lead the price to turn to rise and target 0.9950 level initially, while the next main target of the expected beraish wave is located at 0.9723.

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

Expected trend for today: Bearish

USDCHF tests the resistance – Analysis - 12-06-2018

Origin: Economies

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