The USDCHF breaches the resistance – Analysis - 29-01-2020
Economies.com
2020-01-29 05:54AM UTC
The USDCHF pair breached 0.9712 level clearly and closed the daily candlestick above it, which stops the recently suggested negative scenario and leads the price to achieve expected gains on the intraday basis, on its way to visit 0.9836 level initially.
Therefore, the bullish bias will be suggested for today unless breaking 0.9712 level and holding below it again.
The expected trading range for today is between 0.9700 support and 0.9800 resistance.
The expected trend for today: Bullish
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