The USD/CHF keeps its negative stability – Analysis – 30/05/2019

chf_forexThe USDCHF pair settles below the broken support of the bullish channel that appears on the chart, to keep the bearish trend active on the intraday and short term basis, reminding you that our main expected target reaches 0.9945.

Breaking 1.0045 will ease the mission of achieving the mentioned target, while breaching 1.0105 will stop the negative overview and lead the price to regain the main bullish trend again.

The expected trading range for today is between 1.0000 support and 1.0105 resistance.

The expected trend for today: Bearish

The USDCHF keeps its negative stability – Analysis - 30-05-2019

Origin: Economies

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