The pair rushed up the dollar against the franc yesterday, breaking the resistance level correction downward trend that shows the image and settle it, which turns into support now at 0.9475, to provide signals on the attempts to stop the bearish correction that dominated the recent trade.
But in return, we note that the Stochastic is showing signs of saturation and clear in the purchase may put pressure on the trading price of the negativity over the coming sessions, and a break below 0.9475 and then 0.9450 will bring the price of the path of a new bearish correction.
Therefore, we prefer to stop on the fence on a temporary basis in order to monitor the price behavior for support levels 0.9450 and 0.9490 resistance, where one of them will provide a breakthrough that signals a more accurate view price basis the following.
The trading range for today is between: Support and resistance 0.9390 0.9560


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