The USDCHF approaches the target – Analysis - 28-10-2019

Economies.com
2019-10-28 05:52AM UTC

The USDCHF pair provides more bullish bias to approach our main waited target at 0.9990, expecting the continuation of the rise to breach this level and open the way to extend the bullish wave towards 1.0070.

 

Therefore, the positive scenario will remain valid and suggested for the upcoming period, noting that breaking 0.9905 will press on the price to test the key support 0.9836 again.

 

The expected trading range for today is between 0.9905 support and 1.0020 resistance.

The expected trend for today: Bullish

 

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