USD CHF resumes rising – Analysis - 06/10/2015
Economies.com
2015-10-06 04:54AM UTC
The USDCHF pair traded positively yesterday after testing 0.9700 level and holding above it, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, and the way is open to visit 0.9900 level as a next main station.
The EMA50 supports the waited rise, while the price might have to show some temporary sideway fluctuation affected by stochastic current negativity, reminding you with the importance of holding above 0.9700 to continue the bullish momentum in the upcoming period.
Expected trading range for today is between 0.9700 support and 0.9850 resistance.
Expected trend for today: Bullish
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