USDCHF recovers – Analysis - 01-08-2018

Economies.com
2018-08-01 04:24AM UTC

The USDCHF pair provided positive trading yesterday and begins the attempt to return to the bullish channel that appears on the chart, which reinforces the expectations of continuing the overall bullish trend, which its next main target located at 1.0055.

 

Therefore, we will continue to suggest the bullish trend unless breaking 0.9850 level and holding with a daily close below it.

 

Expected trading range for today is between 0.9870 support and 1.0000 resistance.

 

Expected trend for today: Bullish

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