The USDCHF awaits the breach – Analysis - 30-10-2019
Economies.com
2019-10-30 05:52AM UTC
The USDCHF pair shows a sliht bearish bias to approach from the EMA50, as long as the price is above 0.9905, so our bullish trend expectations will remain valid in the upcoming period, waiting for breaching 0.9990 level to reinforce the chances for rally to 1.0070 that represents our next main target.
On the other hand, you should be aware that breaking 0.9905 will push the price to decline to 0.9836 levels again before any new positive attempt.
The expected trading range for today is between 0.9905 support and 1.0000 resistance.
The expected trend for today: Bullish
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