The USD/CHF around the moving average – Analysis – 14/06/2019

usd_new_1The USDCHF pair keeps its stability inside the bearish channel, and the EMA50 continues to press negatively on the price, which keeps the bearish trend scenario active for the upcoming period, waiting to target 0.9855 followed by 0.9800 levels as next main stations, noting that holding below 0.9988 is important to continue the suggested negative scenario.

The expected trading range for today is between 0.9880 support and 0.9980 resistance.

The expected trend for today: Bearish

The USDCHF around the moving average – Analysis - 14-06-2019

Origin: Economies

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