The USDCHF approaches the resistance – Analysis - 11-10-2019
Economies.com
2019-10-11 04:49AM UTC
The USDCHF pair shows bullish bias to approach 0.9990 level, supported by the positive signal provided now by stochastic, besides the EMA50 that carries the price from below, which supports the chances of breaching the mentioned level and extend the bullish wave towards our next target that reaches 1.0070.
Therefore, the bullish trend will remain valid and suggested in the upcoming sessions unless breaking 0.9915 level and holding below it.
The expected trading range for today is between 0.9915 support and 1.0050 resistance.
The expected trend for today: Bullish
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