The USDCHF awaits the breach – Analysis - 14-10-2019
Economies.com
2019-10-14 04:49AM UTC
The USDCHF pair tested 0.9990 level, and it finds solid resistance there, waiting to breach this level to confirm the continuation of the bullish trend on the intraday and short term basis, which its targets extend to reach 1.0070.
In general, we will continue to suggest the bullish bias in the upcoming period supported by the EMA50, taking into consideration that breaking 0.9925 will stop the expected rise and press on the price to test 0.9836 areas before any new attempt to rise.
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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