USD/CHF tests the resistance – Analysis – 14/01/2019

chf_forexThe USDCHF price fluctuates around 0.9835 level and moves below it now, to keep the bearish trend scenario valid until now, as breaching this level will push the price to test 0.9900 before any new attempt to decline, while the next target of the suggested bearish wave is located at 0.9766.

Expected trading range for today is between 0.9760 support and 0.9900 resistance.

Expected trend for today: Bearish

USDCHF tests the resistance – Analysis - 14-01-2019

Origin: Economies

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