The USD/CHF declines calmly – Analysis – 06/12/2019

com-l3The USDCHF pair provided new negative trades to crawl towards 0.9836, waiting for more decline in the upcoming sessions, reminding you that it is important to monitor the upcoming trades, as the continuation of the negative pressure and breaking the mentioned level will open the way to visit 0.9712 level mainly, while bouncing bullishly from 0.9836 level will lead the pair to achieve intraday gains that reach 0.9990 initially.

The expected trading range for today is between 0.9820 support and 0.9920 resistance.

The expected trend for today: Bearish

Origin: Economies

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