USDCHF breaches the resistance – Analysis - 07-08-2017
Economies.com
2017-08-07 04:16AM UTC
The USDCHF pair rallied upwards strongly on last Friday to breach 0.9700 level and settles above it, reinforcing the expectations of continuing the bullish trend on the intraday basis, and the way is open to visit 0.9812 followed by 0.9864 levels that represent our next main targets.
Therefore, the bullish trend will remain suggested in the upcoming sessions unless breaking 0.9700 followed by 0.9635 levels and holding below them.
Expected trading range for today is between 0.9635 support and 0.9812 resistance.
Expected trend for today: Bullish
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