USDCHF breaches the resistance – Analysis - 28-07-2017
Economies.com
2017-07-28 04:22AM UTC
The USDCHF pair rallied upwards strongly yesterday to breach 0.9578 level and settles above it, opening today with more rise to breach the most important resistance to the short term trading at 0.9700, which turns the short term track to the upside, heading towards targeting 0.9812 followed by 0.9864 levels mainly.
Therefore, the bullish trend will be suggested in the upcoming sessions, taking into consideration that breaking 0.9700 followed by 0.9660 levels will stop the suggested rise and push the price to return to the bearish trend again.
Expected trading range for today is between 0.9660 support and 0.9812 resistance.
Expected trend for today: Bullish
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