USDCHF attempts positively – Analysis - 16-05-2018
Economies.com
2018-05-16 03:13AM UTC
The USDCHF pair returned to provide positive trading and approach 1.0055 level, but it bounced bearishly to settle below 1.0000 now, which keeps the bearish trend scenario valid until now, which targets 0.9900 level as a next main station.
Note that breaching 1.0055 will stop the expected decline and push the price to regain the main bullish trend again.
Expected trading range for today is between 0.9920 support and 1.0055 resistance.
Expected trend for today: Bearish
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