The USDCHF breaches the resistance – Analysis - 02-04-2020
Economies.com
2020-04-02 04:53AM UTC
The USDCHF pair breached 0.9626 clearly and settled with a daily close above it, which turns the intraday and short term track to rise, organized inside a bullish channel that has positive targets that start at 0.9730, noting that breaching this level will confirm resuming the main bullish trend and the end of the bearish correction that dominated the recent trades.
Therefore, the bullish bias will be suggested in the upcoming sessions unless we witnessed clear break and holding below 0.9626.
The expected trading range for today is between 0.9600 support and 0.9760 resistance.
The expected trend for today: Bullish
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