USD CHF within the sideways’ range 15/11/2012

Economies.com
2012-11-15 06:28AM UTC

The pair still limited within the sideways’ range represented by 0.9400 support and 0.9620 resistance, while the contradictory between EMA50 positivity and Stochastic negativity remains valid.

 

Therefore, we continue with our overview to witness more sideways’ trading on the intraday basis, noting that breaching one of the mentioned levels will push the price to clearer trend out of the suggested sideways’ range.

 

Expected trading range for today is between: 0.9400 support and 0.9620 resistance.

 

Expected trend for today: Sideways

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