Morning Report

The dollar versus swissy was able to achieve the bullish technical pattern's targets, shown yesterday, where it was able to touch main resistance 1.0185 which comes inline with momentum indicators entering overbought levels; thus, keeping the expected direction's scenario from yesterday, while we await trading to reverse foran expected bearish trend over an intraday basis that targets attacking strong support levels at 1.0030 .The expected bearish trend will prevailasfar as1.0180 remains intact.

The trading range for today is among the key support at 0.9840 and the key resistance at 1.0335.

The general trend is to the downside as far as 1.1225 remains intact with targets at 0.9600.

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RecommendationBased on the charts and explanations above our opinion is selling the pair at 1.0180 and targeting 1.0030 and stop loss above 1.0265, might be appropriate