USDCHF tests the support base – Analysis - 09-04-2018
Economies.com
2018-04-09 03:57AM UTC
The USDCHF pair tested the key support base 0.9581 and keeps its stability above it, as the EMA50 meets this level to add more strength to it, accompanied by stochastic reach to the oversold areas.
Therefore, these factors support the chances of continuing the bullish trend in the upcoming sessions, as our next target located at 0.9675, while breaking 0.9581 represents the first key to return to the main bearish track and stop the current rise.
Expected trading range for today is between 0.9520 support and 0.9700 resistance.
Expected trend for today: Bullish
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