USD CHF remains calm 12/11/2012

Economies.com
2012-11-12 06:39AM UTC

The quiet trading remained dominant, while EMA50 creates good support at 0.9400 supports the chances to head towards retesting 0.9600 levels.

 

In general, the sideways’ trading will be in favor, as long as the price is limited between the above mentioned levels, unless we witness a clear breach for one of them that will push the price for clearer short term trend.

 

Expected trading range for this week is between: 0.9300 support and 0.9600 resistance.

 

Expected trend for this week: Sideways

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