The USD/CHF resumes the decline – Analysis – 18/07/2019

chf_forexThe USDCHF pair bounced downwards clearly after testing 0.9900 barrier yesterday, to approach 0.9836 level now, waiting to break this level to confirm opening the way to head towards 0.9712 that represents our next main target.

Therefore, we will keep our bearish overview in the upcoming sessions unless breaching 0.9915 level and holding above it.

The expected trading range for today is between 0.9800 support and 0.9900 resistance.

The expected trend for today: Bearish

The USDCHF resumes the decline – Analysis - 18-07-2019

Origin: Economies

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