USDCHF negotiates the key level – Analysis - 02-10-2017
Economies.com
2017-10-02 03:43AM UTC
The USDCHF pair continues to fluctuate around 0.9685 level and keeps its stability above it, noting that the EMA50 formed good support against the price recent negative attempts, while stochastic begins to exit the oversold areas.
Therefore, we believe that the chances valid to resume the bullish trend today, waiting to breach 0.9770 level to confirm extending the bullish wave towards 0.9900 followed by 1.0030 areas mainly, reminding you that holding above 0.9685 is required to achieve the suggested targets.
Expected trading range for today is between 0.9660 support and 0.9800 resistance.
Expected trend for today: Bullish
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