The USD/CHF continues to decline – Analysis – 24/06/2019

chf_forexThe USDCHF pair resumed its negative trading to settle below 0.9800 barrier, reinforcing the expectations of continuing the bearish trend in the upcoming period, which its next target located at 0.9700.

The EMA50 continues to support the suggested bearish wave, which its continuation conditions holding below 0.9865.

The expected trading range for today is between 0.9700 support and 0.9800 resistance.

The expected trend for today: Bearish

The USDCHF continues to decline – Analysis - 24-06-2019

Origin: Economies

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