USD CHF awaits the decline 23/11/2012

Economies.com
2012-11-23 06:05AM UTC

The pair remained stable below 0.9400 that was previously broken, to keep the main bearish scenario valid on the intraday basis, targeting 0.9240 now.

 

EMA50 supports the waited decline, while Stochastic might cause some temporary sideways’ fluctuation.

 

Expected trading range for today is between: 0.9240 support and 0.9500 resistance.

 

Expected trend for today: Bearish

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