USD/CHF resumes the decline – Analysis – 14/06/2018

chf_forexThe USDCHF pair bounced bearishly to move below 0.9850 level again, which supports the continuation of our bearish overview efficiently in the upcoming sessions, paving the way to head towards 0.9723 as a next main station, suppored by moving below the EMA50, reminding you that holding below 0.9870 represents the most important condition to continue the expected decline.

Expected trading range for today is between 0.9770 support and 0.9900 resistance.

Expected trend for today: Bearish

USDCHF resumes the decline – Analysis - 14-06-2018

Origin: Economies

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