USDCHF regains its correctional track – Analysis - 21-02-2017
Economies.com
2017-02-21 05:23AM UTC
The USDCHF pair showed clear positive trading to breach 1.0043 level and closed the last four hours' candlestick above it, which stops the recently suggested negative scenario and lead the price to return to the correctional bullish track again, to start the positive targets at 1.0100 and extend to 1.0157.
Therefore, the bullish bias will be suggested in the upcoming sessions unless breaking 1.0043 level, as breaking this level will push the price to decline again, targeting heading towards 0.9973 followed by 0.9859 areas mainly.
Expected trading range for today is between 1.0000 support and 1.0150 resistance.
Expected trend for today: Bullish
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