USD CHF negotiates the key level – Analysis - 05/10/2015
Economies.com
2015-10-05 04:57AM UTC
The USDCHF pair fluctuates near the critical support level at 0.9700, noticing that the daily candlestick close above it, keeping the positive scenario valid until now, supported by the positive signal that comes from stochastic on the four hours time frame.
Therefore, the bullish trend will remain valid and active in the upcoming sessions in the upcoming sessions, and the first target located at 0.9900, being aware that breaking 0.9700 level will push the price to test 0.9615 level initially.
Expected trading range for today is between 0.9615 support and 0.9840 resistance.
Expected trend for today: Bullish
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