USDCHF is forced to decline – Analysis - 24-02-2017
Economies.com
2017-02-24 05:36AM UTC
The USDCHF pair traded with clear negativity to approach from testing the key support base 1.0043, as the EMA50 managed to form good support base that stops the price decline, accompanied by stochastic move inside the oversold areas.
Therefore, these factors encourage us to suggest the bullish rebound in the upcoming sessions, noting that our next main target is located at 1.0157, while holding above 1.0043 represents key condition to continue the expected rise.
Expected trading range for today is between 1.0000 support and 1.0150 resistance.
Expected trend for today: Bullish
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